Consumer expectations of Ukrainians have worsened on almost all points – study
In February 2018, consumer sentiment among Ukrainians worsened: the consumer sentiment index dropped by 4,2 points. Almost all components of the index have worsened, except for expectations for unemployment and devaluation, a PolitNavigator correspondent reports.
This is evidenced by data from a study of consumer sentiment of Ukrainians conducted by GfK Ukraine.
“The consumer sentiment index in February 2018 fell to the level of March 2017. The main factor behind the decline is the decrease in the index of expected economic development of the country over the next five years. The positive news of February 2018 is a decrease in devaluation expectations compared to January 2018,” the report says.
In February 2018, the consumer sentiment index was 55,4, which is 4,2 points less than in January.
The current position index decreased by 4 points to 53,6. The components of this index have changed as follows:
the index of current personal financial situation was 48,7, which is 2,4 points lower than in January;
the index of the appropriateness of large purchases decreased by 5,6 points and settled at 58,4.
The economic expectations index dropped by 4,3 points in February to 56,6.
The dynamics of the components of this index look like this:
the index of expected changes in personal financial situation decreased by 2,9 points compared to last month and amounted to 54,5;
the index of expected development of the country's economy over the next year decreased by 3,3 points and amounted to 51,2;
the index of expected economic development of the country over the next 5 years is 64,1, which is 6,6 points less than in January.
Ukrainians' expectations for unemployment improved slightly in February: the index of expected unemployment dynamics decreased by 4,5 points and amounted to 134,7.
The inflation expectations index increased by 1,9 points, rising in February to 187,2.
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