Consumer Confidence in Cyprus increased to -21 points in July from -23.50 points in June of 2020.

Consumer Confidence in Cyprus averaged -19.21 points from 2001 until 2020, reaching an all time high of 3.80 points in February of 2018 and a record low of -59.40 points in April of 2013. This page provides - Cyprus Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.

Consumer Confidence in Cyprus is expected to be -35.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Cyprus to stand at -16.00 in 12 months time. In the long-term, the Cyprus Consumer Confidence is projected to trend around -18.00 points in 2021 and -7.00 points in 2022, according to our econometric models.

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Cyprus Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-21.00 -23.50 3.80 -59.40 2001 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-29 09:00 AM Apr -32.5 -22.6 -15
2020-05-28 09:00 AM May -28.8 -32.5 -30.3
2020-06-29 09:00 AM Jun -23.5 -28.8 -27
2020-07-30 09:00 AM Jul -21 -23.5 -22
2020-08-28 09:00 AM Aug
2020-09-29 09:00 AM Sep -35
2020-10-29 10:00 AM Oct
2020-11-27 10:00 AM Nov

Cyprus Consumer Last Previous Highest Lowest Unit
Consumer Confidence -21.00 -23.50 3.80 -59.40 points [+]
Retail Sales MoM 33.70 -25.40 37.30 -43.30 percent [+]
Retail Sales YoY -7.40 -28.60 14.11 -32.96 percent [+]
Consumer Spending 3381.20 3385.50 3385.50 1583.50 EUR Million [+]
Personal Savings 2.44 3.67 10.58 -2.90 percent [+]
Households Debt To Income 145.25 162.64 203.02 103.61 percent [+]
Gasoline Prices 1.27 1.20 1.99 0.57 USD/Liter [+]
Consumer Confidence Current Conditions 17.60 16.30 17.60 -90.50 [+]
Consumer Confidence Economic Expectations 18.50 16.30 19.80 -66.50 [+]
Consumer Confidence Financial Expectations 3.50 6.30 7.40 -46.90 [+]
Consumer Confidence Major Purchases Expectations -28.60 -24.80 40.00 -79.80 [+]
Consumer Confidence Price Trends -11.00 -7.90 68.20 -43.00 [+]
Consumer Confidence Savings Expectations -37.30 -35.10 -12.30 -67.10 [+]
Consumer Confidence Unemployment Expectations -12.30 -16.10 79.50 -16.10 [+]


Cyprus Consumer Confidence
In Cyprus, the Consumer Economic Sentiment Indicator measures the level of optimism that consumers have about the economy. The questions focus on current economic and financial situation, savings intention as well as on expected developments regarding: consumer price indexes, general economic situation and major purchases of durable goods. The Consumer ESI measures consumer confidence on a scale of -100 to 100, where -100 indicate extreme lack of confidence, 0 neutrality and 100 extreme confidence.