Growth driven by indifference
In June, the result of the Consumer Index indicates increasing optimism, which, in the long run, results in a continuation of the upward trend. In particular, an increase in the sentiment index can be noted in relation to the forecast of the economic situation of the country and the assessment of changes in the financial situation of households. On the surface, it seems that the situation is improving, but when we look closely at the results, we can see a tendency for negative opinions to decrease in favor of indifferent ones. Thus, the financial situation of households more often does not change compared to the situation from a year ago, and Poles more often say that the economic situation of Poland will not change in a year's time. The reason for this state of affairs may be the level of inflation, which began to grow and worsen the material status of Poles just last year.
We will soon see if and when the Consumer Index will be driven by optimism rather than indifference.
Strategic Social Research Specialist