Consumer Confidence in Albania increased to -25.45 points in the third quarter of 2021 from -26.36 points in the third quarter of 2021. source: Bank of Albania

Consumer Confidence in Albania averaged -13.46 points from 2003 until 2021, reaching an all time high of -6.20 points in the fourth quarter of 2011 and a record low of -29.17 points in the second quarter of 2021. 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 September of 2021.

Consumer Confidence in Albania is expected to be -13.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Albania Consumer Confidence is projected to trend around -12.50 points in 2022 and -12.30 points in 2023, according to our econometric models.

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Albania Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-25.45 -26.36 -6.20 -29.17 2003 - 2021 points Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2020-07-06 10:30 AM Q2 -21.8 -15.4 -18.5
2020-10-05 11:30 AM Q3 -18.3 -21.6 -15.9
2021-01-08 11:30 AM Q4 -20.2 -18.2 -14
2021-04-06 10:20 AM Q1 -18.9 -20.0 -13
2021-10-05 11:30 AM Q3

News Stream
Albanian Consumers Less Pessimistic in Q1
The consumer confidence index in Albania increased to -18.9 in the first quarter of 2021, from -20.0 in the prior period, on hopes of economic recovery in the year ahead but remained below pre-pandemic levels. The improvements were mainly seen in the sub-indexes measuring major purchases (-66.2 from -70.1 in Q4); the expected financial situation of the household (up -1.3 from -2.6); and the expected overall economic situation (-7.0 from -7.8). On the other hand, the current situation of income and expenditures deteriorated (-1.2 from 0.5).
Albania Consumer Morale Remains Below Pre-Pandemic Levels
The consumer confidence index in Albania increased by 3.3 points from the previous period to -18.3 in the third quarter of 2020, as the pandemic shock from the coronavirus outbreak eased. Still, the indicator remained below pre-pandemic levels. There were improvements in the sub-indexes measuring: major purchases (up 8.2 points); the expected overall economic situation balance (up 3.1 points); the balance of income and expenditures (up 1.8 points); and the expected financial situation of households (up 0.1 points).

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.