Examining the Dynamics Between Gross Domestic Product Fluctuations and Consumer Sentiment Shifts
This work presents how changes in the economic climate have affected consumer sentiment. Changes in the volume of GDP, industrial production, total consumption, consumption in the household sector and capital accumulation between 2018 and 2022 were analysed on a quarterly basis. The values of the main indicators reflecting consumer sentiment are also presented: the current consumer confidence index and the leading consumer confidence index. The consumer confidence indicators are also presented at the end of the individual quarters from 2018 to 2022. The results show that consumers observe the changing economic reality and do not always assess these changes positively, even if the effect of these changes indicate an increase in GDP.
© 2023 The Author(s). This article is distributed under the terms of the license CC-BY 4.0., which permits any further distribution in any medium, provided the original work is properly cited.
Słowik, D. (2023). Examining the Dynamics Between Gross Domestic Product Fluctuations and Consumer Sentiment Shifts. Journal of Applied Economic Sciences, Volume XVIII, Winter, 4(82), 277–284. https://doi.org/10.57017/jaes.v18.4(82).02
Article’s history:
Received: 21st of October, 2023; Received in revised form: 17th of November, 2023; Accepted: 20th of November, 2023; Available online: 26th of November, 2023.
Published: 30th of December, 2023 as article in the Volume XVIII, Winter, Issue 4(82).
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