Polish Consumer Morale Weakest in 6 Months

Poland’s current consumer confidence indicator fell to -14.0 in October 2026 from -10.8 in September, marking its lowest reading since April as assessments of both current and future economic conditions weakened. Expectations for the country’s future economic situation recorded the sharpest decline, falling to -25.3 from -17.7, while assessments of the current economic situation dropped to -29.6 from -22.7. Households’ assessments of their current financial situation edged down to -7.3 from -7.2, while expectations for their future finances weakened to -5.2 from -4.7. Views on major purchases also deteriorated, with the indicator falling to -2.9 from -1.6. Meanwhile, the leading consumer confidence indicator declined to -10.6 in October from -7.9 in September, reflecting broad-based deterioration. Expectations for future unemployment worsened to -25.4 from -23.5, while expectations for future savings slipped to 13.5 from 14.2.

Poland’s current consumer confidence indicator improved to -10.8 in September 2026 from -11.3 in August, as assessments of the current situation strengthened, although expectations for the future weakened. The evaluation of current major purchases increased the most (-1.6 vs -4.9), while assessments of the country’s current and future economic situation also improved (-22.7 vs -23.8 and -17.7 vs -19.3, respectively). In contrast, households’ assessments of their current (-7.2 vs -5.4) and future (-4.7 vs -3.1) financial situation deteriorated. The leading consumer confidence indicator improved initially, with expectations for the country’s future economic situation rising (-17.7 vs -19.3) and expectations for future savings (14.2 vs 14.1). However, the overall indicator subsequently declined to -7.9 from -7.6, reflecting weaker expectations for households’ future financial situation (-4.7 vs -3.1) and unemployment (-23.5 vs -22.2).

Poland’s current consumer confidence indicator fell to -11.3 in August 2026, worsening from -10.2 in the previous month. Evaluations of current major purchases deteriorated the most (-4.9 vs -1.6), while expectations for the country’s future economic situation also weakened (-19.3 vs -17.3). Expectations for households’ financial situation over the next 12 months declined (-3.1 vs -2.7), as did assessments of the country’s current economic situation (-23.8 vs -23.4). Meanwhile, households’ financial situation over the last 12 months improved (-5.4 vs -6.0). The leading consumer confidence indicator also deteriorated, falling to -7.6 from -7.3 in July, with expectations for future savings (-14.1 vs 16.3) and the country’s future economic situation (-19.3 vs -17.3) weakening, while expectations for unemployment improved (-22.2 vs -25.3).