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.
Consumer Confidence in Albania averaged -12.27 points from 2003 until 2019, reaching an all time high of -6.30 points in the fourth quarter of 2011 and a record low of -19 points in the fourth quarter of 2004. This page provides - Albania Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Consumer Confidence in Albania is expected to be -11.40 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 -12.00 in 12 months time. In the long-term, the Albania Consumer Confidence is projected to trend around -12.30 points in 2020, according to our econometric models.