Kondycja gospodarstw domowych : II kwartał 2019 Badania Koniunktury Gospodarczej Instytutu Rozwoju Gospodarczego SGH

Abstract

In the 2ndquarter of 2019 consumer confidence deteriorated. The IRG SGH consumer confidence indicator (IRGKGD) quarterly dropped by 3.1 pts, offsetting the increase recorded in the previous quarter (3.2 pts). Consumer sentiment is influenced by the expected slowdown of the economy and, consequently, fears ofgetting unemployed. In comparison to the 2nd quarter of 2018 IRGKGD declined by 7.4 pts. The downward tendency, which began nearly two years ago, is proceeding.(original abstract)