Kondycja gospodarstw domowych : II kwartał 2021 Badania Koniunktury Gospodarczej Instytutu Rozwoju Gospodarczego SGH

Abstract

Consumer confidence in the 2nd quarter of 2021 substantially improved. The IRG SGH consumer confidence indicator (CSI) increased quarterly by 10.5 pts to -17.7 pts. It is 32.5 up from the respective last year figure, however, it remains lower than the pre-COVID-19-crisis levels (by ca. 10 pts). All components of the indicator grew. Consumers expect their financial situation, saving capacity and general economic situation in the country to improve (the respective survey balances rose by 3.4, 1.8 and 14.1 pts). They are also less anxious about losing their jobs (the balance declined by 2.8 pts). It is worth noting that the recovery of confidence is taking place in conditions of high inflation rates. The survey balance of current costs of living increased for the third quarter in a row: 59% of the respondents claimed that prices had got much higher.(original abstract)