Consumer sentiment of Ukrainians in January 2020 worsened by 3.1 points, to 89 points on a 200-point scale, according to the website of the Info Sapiens research agency. “In January 2020 the highest decrease (about 6 p.p.) experienced the indices of current personal well-being (to 79), short-term economic expectations (to 92.9) and the propensity to consume (to 81.7). Population aged 60 years and older show the most pessimistic attitudes,” the agency said on its website.
At the same time, they said the index of expected changes in personal financial standing grew by 4.1 p.p.
“However, the growth of index of expected changes in personal financial standing when other indices decrease is atypical and rarely observed. Next month there is a possibility of correction,” Info Sapiens analysts comment.
As reported, consumer confidence of Ukrainians in 2019 rose sharply in the first months after the presidential election: in the second and third quarter, the figure jumped from 65.3 to 97.5 points. However, in the next two months, the decline to 91.7 points was recorded, and only in December the figures improved slightly.