Albania’s industrial confidence index decreased to -1.1 in the fourth quarter of 2019 from a downwardly revised 4.0 in the previous period, as expectations deteriorated for output (21.4 vs 27.6 in Q3) and employment (1.3 vs 6.8). On the other hand, improvements were seen regarding financial situation (14.1 vs 9.7) and selling prices (-0.6 vs -1.2).
Business Confidence in Albania averaged -6.95 points from 2002 until 2019, reaching an all time high of 5.40 points in the third quarter of 2006 and a record low of -27 points in the first quarter of 2009. This page provides - Albania Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Business Confidence in Albania is expected to be -0.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Albania to stand at -4.50 in 12 months time. In the long-term, the Albania Industry Confidence Indicator is projected to trend around -5.00 points in 2020, according to our econometric models.