The state-run Statistics Poland (GUS) agency said its Current Consumer Confidence Index, which describes current trends in personal consumption, went up by 1.6 points in January, while remaining in negative territory of "minus 15.1" points.
Polish consumers surveyed this month were more positive about their financial position than a month earlier, and their evaluation of the economy also improved from December, according to Statistics Poland.
However, the Current Consumer Confidence Index was 2.5 points lower than in January last year, the statistical office said.
Meanwhile, the so-called Leading Consumer Confidence Index, which provides an insight into expected trends in personal consumption in the coming months, rose by 1.6 points in January from December, to "minus 9.9" points, Statistics Poland reported.
It added that consumers were more positive than a month earlier about their financial prospects and the future level of unemployment.
The Leading Consumer Confidence Index was 6.1 points lower in January than in the same month of 2024, the office reported last Thursday.
Both consumer confidence indicators take values from -100 to +100. A positive value means that optimistic attitudes prevail among consumers, while a negative value indicates a prevalence of pessimistic views.
The latest consumer sentiment study was conducted between January 7 and 16.
Around 54.5 percent of those surveyed, down from 59.3 in December, said their responses were impacted by "the current situation in Ukraine," amid Russia's ongoing invasion of the country, Statistics Poland reported.
(gs)
Source: PAP, stat.gov.pl