The mood among consumers deteriorated in September. The consumer confidence index stood at -14 in September versus -11 in August. Pessimistic consumers outnumber optimistic ones.
Worries about their own wallets pushed down consumers’ willingness to buy. They were more pessimistic about their own financial situation in the next 12 months. This indicator fell by 5 points to -9. Consumers also considered it a less favourable time to buy expensive items than in the previous month. This component of consumer confidence deteriorated from -5 to -13. Their assessment of their financial situation in the past 12 months remained unchanged.
Consumers’ vision on the economic situation in the next 12 months did not change and remains slightly negative. The assessment of the economic situation in the past 12 months deteriorated. On balance, the component indicator general economic situation dropped by 3 points to reach -17.
Consumer confidence, seasonally adjusted