Table 2.
Descriptive statistics
| Variables | Min | Max | Mean | SD |
|---|---|---|---|---|
| Levels | ||||
| Total household saving rate (HSRtot) (percentage) | 1.68 | 11.58 | 5.01 | 2.75 |
| Voluntary household saving rate (HSRvol) (percentage) | −0.72 | 9.56 | 2.43 | 2.91 |
| Household borrowing rate (HBR) (percentage) | −5.52 | 5.29 | −2.11 | 2.94 |
| Past financial situation (I1) (points) | −41.20 | −9.30 | −23.31 | 9.25 |
| Expected financial situation (I2) (points) | −30.00 | −0.90 | −13.51 | 8.16 |
| Past general economic situation (I3) (points) | −56.10 | −11.30 | −37.89 | 12.39 |
| Expected general economic situation (I4) (points) | −42.80 | 0.60 | −24.19 | 11.39 |
| Major purchases (I8) (points) | −34.30 | 4.40 | −15.98 | 10.15 |
| Current Consumer Confidence Index (CCCI) (points) | −39.70 | −4.40 | −22.97 | 9.72 |
| Unemployment (I7) (points) | −67.30 | 22.00 | −32.45 | 25.62 |
| Saving plans (I11) (points) | −66.10 | −30.20 | −45.07 | 11.93 |
| Forward Consumer Confidence Index (FCCI) (points) | −49.50 | −5.20 | −28.89 | 12.03 |
| Deposit interest rate (IRD) (percentage) | 2.43 | 7.16 | 3.90 | 1.11 |
| Loan interest rate (IRL) (percentage) | 6.97 | 19.00 | 10.49 | 2.41 |
| Disposable income (DIr) (PLN billions) | 136.01 | 258.69 | 190.46 | 38.67 |
| First differences | ||||
| ∆Total household saving rate (∆HSRtot) (percentage points) | −1.69 | 1.42 | −0.20 | 0.70 |
| ∆Voluntary household saving rate (∆HSRvol) (percentage points) | −1.74 | 1.33 | −0.19 | 0.73 |
| ∆Household borrowing rate (∆HBR) (percentage points) | −2.65 | 1.85 | −0.23 | 0.90 |
| ∆Past financial situation (∆I1) (points) | −5.00 | 4.10 | 0.46 | 2.03 |
| ∆Expected financial situation (∆I2) (points) | −7.60 | 5.50 | 0.45 | 2.85 |
| ∆Past general economic situation (∆I3) (points) | −13.50 | 8.80 | 0.51 | 4.56 |
| ∆Expected general economic situation (∆I4) (points) | −15.70 | 9.20 | 0.35 | 5.50 |
| ∆Major purchases (I8) ∆ (points) | −15.30 | 4.90 | 0.33 | 3.67 |
| ∆Current Consumer Confidence Index (∆CCCI) (points) | −11.40 | 4.70 | 0.42 | 3.15 |
| ∆Unemployment (∆I7) (points) | −44.50 | 14.80 | 0.80 | 9.58 |
| ∆Saving plans (∆I11) (points) | −4.10 | 5.30 | 0.67 | 1.85 |
| ∆Forward Consumer Confidence Index (∆FCCI) (points) | −17.90 | 5.90 | 0.57 | 4.34 |
| ∆Deposit interest rate (∆IRD) (percentage points) | −1.12 | 1.20 | −0.09 | 0.43 |
| ∆Loan interest rate (∆IRL) (percentage points) | −2.33 | 0.45 | −0.24 | 0.49 |
| ∆Disposable Income (∆DIr) (PLN billions) | −1.17 | 5.69 | 2.46 | 1.64 |
NBP average exchange rate of 1 USD in PLN of 2016.05.02 is 3.8195