The upward trend continues. The Consumer Confidence Index experienced further growth of 3.1 index points – from -19.5 in September to -16.4 in October. This time, the Present Situation Index led the increase by shifting upwards 5.5 points, while the Expectations Index rose more moderately, by 0.5 points.
CCI is on the rise. Over the summer, the Consumer Confidence Index (CCI) oscillated around the new, higher level achieved in June. By September 2023, the CCI had increased by 1.8 index points, from -21.3 in August to -19.5 in September.
Rise in CCI. The Consumer Confidence Index experienced an increase of 3.4 index points – from -24.1 in May to -20.7 in June. This is the highest mark the CCI has reached since the pandemic struck in March 2020. The month-on-month (MoM) positive shift was mostly driven by an increase in consumer expectations about the future economic situation.
No major shifts in overall May CCI. The Consumer Confidence Index (CCI) decreased marginally from -24 in April to -24.1 in May, largely maintaining the new level it had reached in April. The two sub-indices of the CCI each moved in opposite directions: the Present Situation Index declined by 1 index point, while the Expectations Index rose by 0.6 points.
Consumer confidence on the rise. The CCI has increased by 4.8 index points, from -28.8 in March to -24 in April.