Kondycja gospodarstw domowych

Abstract

Consumer confidence in the 1st quarter of 2021 improved. The IRG SGH consumer confidence indicator (CSI) increased quarterly by 9.4 pts to -28.3 pts. It is 18.6 down from the respective last year figure. 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 9.4, 9.6 and 12.3 pts). They are also less anxious about losing their jobs (the balance declined by 8.3 pts). On the whole, consumers' current macroeconomic outlook and their declarations on their own economic situation are rather poor but they expect significant improvement to come along with betterment of the epidemic conditions over the next quarters.(original abstract)