Consumer Confidence in Morocco decreased to 60.60 points in the third quarter of 2020 from 65.60 points in the second quarter of 2020.

Consumer Confidence in Morocco averaged 78.13 points from 2007 until 2020, reaching an all time high of 92.10 points in the fourth quarter of 2007 and a record low of 60.60 points in the third quarter of 2020. This page provides - Morocco Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Morocco Consumer Confidence - values, historical data and charts - was last updated on October of 2020.

Consumer Confidence in Morocco is expected to be 50.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Morocco to stand at 75.00 in 12 months time. In the long-term, the Morocco Consumer Confidence is projected to trend around 80.00 points in 2021 and 84.00 points in 2022, according to our econometric models.

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Morocco Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
60.60 65.60 92.10 60.60 2007 - 2020 points Quarterly

Morocco Consumer Last Previous Highest Lowest Unit
Consumer Confidence 60.60 65.60 92.10 60.60 points [+]
Consumer Spending 653804.00 636799.00 653804.00 234359.00 MAD Million [+]

Morocco Consumer Confidence
In Morocco, the Household Confidence Index (l’Indice de Confiance des Ménages) is based on a sample of 3000 households from urban and rural areas. It shows consumers’ expectations and views for general economic conditions, employment, personal finances, and saving, investment and purchasing intentions. The Index is computed as an average of seven measures: past and future perspectives on living standards; unemployment outlook; opportunity to purchase durable goods; past, current and future outlook on financial situation. The Index is the percentage share of respondents that answered positively less the percentage share of respondents that answered negatively with regard to the given indicator.