Consumer Confidence in Georgia decreased to -19.30 Index Points in September from -18 Index Points in August of 2019. Georgia Consumer Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Consumer Confidence in Georgia averaged -19.10 Index Points from 2012 until 2019, reaching an all time high of -1.40 Index Points in November of 2013 and a record low of -40.40 Index Points in September of 2015. This page provides the latest reported value for - Georgia Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Confidence in Georgia is expected to be -19.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Georgia to stand at -16.50 in 12 months time. In the long-term, the Georgia Consumer Confidence is projected to trend around -15.00 points in 2021, according to our econometric models.

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Georgia Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-19.30 -18.00 -1.40 -40.40 2012 - 2019 points Monthly

Georgia Consumer Confidence
In Georgia, consumer confidence measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. The index is based on the randomly selected sample of 300-350 individuals which are asked to evaluate the past, current and future financial situation of their families and the country as a whole. A month-to-month diminishing trend in consumer confidence suggests that in the current state of the economy most consumers have a negative outlook on their ability to find and retain good jobs. .