Albania’s consumer confidence index dropped to -21.8 in the second quarter of 2020 from an upwardly revised -15.4 in the previous period. It was the lowest reading on record, as the coronavirus pandemic hit sentiment. Expectations over the next 12 months regarding financial situation (-2.7 vs 5.2 in Q1); general economic situation (-10.4 vs -0.5); savings (-56 vs -44.8) and major purchases (-58.6 vs -55.5); and unemployment (22.9 vs 9.1)

Consumer Confidence in Albania averaged -12.44 points from 2003 until 2020, reaching an all time high of -6.20 points in the fourth quarter of 2011 and a record low of -21.80 points in the second quarter of 2020. This page provides - Albania Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.

Consumer Confidence in Albania is expected to be -15.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Albania to stand at -13.00 in 12 months time. In the long-term, the Albania Consumer Confidence is projected to trend around -12.50 points in 2021 and -12.30 points in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Albania Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-21.80 -15.40 -6.20 -21.80 2003 - 2020 points Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-10-07 02:00 PM Q3 -12.3 -11.4 -10.9
2020-01-08 11:30 AM Q4 -13.6 -12.3 -11
2020-04-06 10:45 AM Q1 -15.1 -13.6 -16.8
2020-07-06 10:30 AM Q2 -21.8 -15.4 -18.5
2020-10-05 11:30 AM Q3 -21.8 -15.9


News Stream
Albania Consumer Morale Drops to All-time Low
Albania’s consumer confidence index dropped to -21.8 in the second quarter of 2020 from an upwardly revised -15.4 in the previous period. It was the lowest reading on record, as the coronavirus pandemic hit sentiment. Expectations over the next 12 months regarding financial situation (-2.7 vs 5.2 in Q1); general economic situation (-10.4 vs -0.5); savings (-56 vs -44.8) and major purchases (-58.6 vs -55.5); and unemployment (22.9 vs 9.1)
2020-07-06
Albania Consumer Morale Lowest in Near 6 Years
Albania’s consumer confidence index decreased -15.1 in the first quarter of 2020 from -13.6 in the previous three-month period, the lowest since the second quarter of 2014. Expectations over the next 12 months worsened regarding financial situation (5.5 from 6.1 in Q4); general economic situation (0.1 from 3.8); savings (-44.8 from -44.4) and major purchases (-55.5 from -52.3; and unemployment (7 from 2.2).
2020-04-06
Albania Consumer Confidence Lowest Since 2015
Albania’s consumer confidence index decreased to -13.6 in the last quarter of 2019 from -12.3 in the previous three-month period. It was the lowest reading in consumer morale since the first quarter of 2015, as expectations over the next 12 months worsened regarding financial situation (6.1 from 7.8 in Q3); general economic situation (4.0 from 6.5); savings (-44.4 from -43.6) and major purchases (-52.3 from -49.0). On the other hand, expectations about unemployment (1.5 from 5.4) improved.
2020-01-08
Albania Consumer Confidence Falls to 1-Year Low
The Consumer Confidence Indicator in Albania dropped 0.8 points to -12.3 in the third quarter of 2019, the lowest in one year, due mainly to a decline in major purchases (-6.5 points) and to a lesser extent to the reduction in income and expenditure (-0.4 points).
2019-10-07

Albania Consumer Confidence
In Albania, the Consumer Confidence Indicator survey covers consumers' sentiment about current and future financial situation; general economic situation and purchase and savings opportunities. The Consumer Confidence Indicator measures consumer confidence on a scale of -100 to 100, where -100 indicates extreme lack of confidence, 0 neutrality and 100 extreme confidence.