The state-run Statistics Poland (GUS) agency said its Current Consumer Confidence Index, which describes current trends in personal consumption, went up by 0.4 points in December, while remaining in negative territory of "minus 16.7" points.
Polish consumers surveyed this month were more positive about their spending power than a month earlier, and their evaluation of the economy also improved from November, according to Statistics Poland.
Compared with December last year, the Current Consumer Confidence Index was 12.3 points higher, the statistical office said on Wednesday.
Meanwhile, the so-called Leading Consumer Confidence Index, which provides an insight into expected trends in personal consumption in the coming months, edged up by 0.1 point in December from November, to "minus 11.5" points, Statistics Poland reported.
It added that consumers were more positive than a month earlier about the future level of unemployment and their own financial prospects.
The Leading Consumer Confidence Index was 5.1 points lower in December than in the same month of 2023, the office reported.
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 December 2 and 11.
More than 59 percent of those surveyed said their responses were impacted by "the current situation in Ukraine," Statistics Poland reported.
(gs)
Source: PAP, stat.gov.pl