Consumer Confidence in Nigeria decreased to 1.20 Index Points in the second quarter of 2019 from 4.80 Index Points in the first quarter of 2019. Consumer Confidence in Nigeria averaged -8.28 Index Points from 2008 until 2019, reaching an all time high of 9.70 Index Points in the fourth quarter of 2018 and a record low of -29.80 Index Points in the fourth quarter of 2016.
Consumer Confidence in Nigeria is expected to be -6.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Nigeria to stand at 5.00 in 12 months time. In the long-term, the Nigeria Consumer Confidence is projected to trend around 4.00 Index Points in 2020, according to our econometric models.