ITCCS Ukraine ITCCS Ukraine
All analysis
Data: April–September 2026

Consumer confidence at a six-month low

Ukrainians' economic sentiment deteriorated markedly in September. The consumer confidence index fell from −16.9 to −23.0, its lowest since we began measuring it in April.

The index combines assessments of household finances and willingness to spend. It ranges from −100 to +100, with zero meaning optimistic and pessimistic assessments are in balance. September's 6.1-point fall exceeds the margin of statistical error.

Consumer confidence index, April–September 2026

Scale from −100 to +100; 0 = optimistic and pessimistic assessments in balance

−30−25−20−15−10−50AprMayJunJulAugSepCCI, Apr: −17.9CCI, May: −12.7CCI, Jun: −16.9CCI, Jul: −18.9CCI, Aug: −16.9CCI, Sep: −23.0−23.0−17.9−12.7−16.9−18.9−16.9−30−25−20−15−10−50AprMayJunJulAugSepCCI, Apr: −17.9CCI, May: −12.7CCI, Jun: −16.9CCI, Jul: −18.9CCI, Aug: −16.9CCI, Sep: −23.0−23.0
Source: UPOT monitoring, ITCCS Ukraine. Weighted data.
Show data as a table
MonthIndex95% CIN
Apr−17.9−20.0 … −15.91248
May−12.7−14.9 … −10.61285
Jun−16.9−19.1 … −14.61317
Jul−18.9−21.1 … −16.71323
Aug−16.9−19.1 … −14.71302
Sep−23.0−25.1 … −20.81338

All components deteriorated. 51% of respondents said their household finances had worsened over the past 12 months (44% in August), and only 11% that they had improved. The balance fell from −29 to −40 points. Expectations also worsened: the balance for one's own household fell from −13 to −20, and for the national economy from −43 to −52.

How has your household's financial situation changed over the past 12 months?

April–September 2026; bottom row: balance, pp

  • Improved
  • Worsened
60%40%20%0%20%40%60%Improved, Apr: 12%Worsened, Apr: 47%12%47%Apr−35Improved, May: 17%Worsened, May: 42%17%42%May−25Improved, Jun: 16%Worsened, Jun: 42%16%42%Jun−26Improved, Jul: 14%Worsened, Jul: 45%14%45%Jul−31Improved, Aug: 15%Worsened, Aug: 44%15%44%Aug−29Improved, Sep: 11%Worsened, Sep: 51%11%51%Sep−40Balance60%40%20%0%20%40%60%Improved, Apr: 12%Worsened, Apr: 47%12%47%Apr−35Improved, May: 17%Worsened, May: 42%17%42%May−25Improved, Jun: 16%Worsened, Jun: 42%16%42%Jun−26Improved, Jul: 14%Worsened, Jul: 45%14%45%Jul−31Improved, Aug: 15%Worsened, Aug: 44%15%44%Aug−29Improved, Sep: 11%Worsened, Sep: 51%11%51%Sep−40
Source: UPOT monitoring, ITCCS Ukraine. Weighted data.
Show data as a table
MonthImprovedWorsenedBalance
Apr12%47%−35
May17%42%−25
Jun16%42%−26
Jul14%45%−31
Aug15%44%−29
Sep11%51%−40

In August the index was stable; in September it fell markedly, on the eve of the heating season. The survey alone cannot establish what caused this shift.

On comparability

The wording of one of the four index questions — whether now is a good time for major purchases — changed twice, between May and June and between July and August. Differences across those months should be read with caution. August and September used identical questions, so the September fall is not an artefact of the instrument.

Telephone surveys, April–September 2026; the index is calculated for respondents who answered all four questions (1,248–1,338 a month). Weighted data; confidence intervals computed for a weighted simple random sample.