Russia Consumer Confidence2023 Data - 2024 Forecast - 1998-2022 Historical

Name: Russia Consumer Confidence
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Russia,Consumer Confidence,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Consumer Confidence in Russia increased to -19 points in the first quarter of 2023 from -23 points in the fourth quarter of 2022. source: Federal State Statistics Service

Consumer Confidence in Russia averaged -15.61 points from 1998 until 2023, reaching an all time high of 1.00 points in the third quarter of 2008 and a record low of -59.00 points in the fourth quarter of 1998. This page provides - Russia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Consumer Confidence in Russia is expected to be -20.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Consumer Confidence is projected to trend around -2.00 points in 2024 and 4.00 points in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Retail Sales MoM	9.80	-1.30	percent	Mar 2023
Consumer Confidence	-19.00	-23.00	points	Mar 2023
Retail Sales YoY	7.40	-5.10	percent	Apr 2023
Consumer Spending	13727.30	12883.80	RUB Billion	Dec 2022
Disposable Personal Income	0.10	-3.10	percent	Dec 2018

Russia Consumer Confidence

In Russia, the Consumer Confidence Overall Index is based on a survey of 5,000 people aged 16+ leaving in all regions of the country. The index is an arithmetical average of 5 indices: the change in the respondent's personal financial situation over the last 12 months and next 12 months, the change in the country's economic situation over the last year and in the next 12 months, and the current climate for durable goods purchase. The index shows the difference between the percentage share of persons that are optimistic and the percentage of persons that are pessimistic. It takes a value between -100 (all respondents asses their situation as poor and expect it to become worse) and 100 (all participants are satisfied with the current situation and expect it to improve); 0 indicates neutrality.