The consumer confidence index in Albania increased by 3.3 points from the previous period to -18.3 in the third quarter of 2020, as the pandemic shock from the coronavirus outbreak eased. Still, the indicator remained below pre-pandemic levels. There were improvements in the sub-indexes measuring: major purchases (up 8.2 points); the expected overall economic situation balance (up 3.1 points); the balance of income and expenditures (up 1.8 points); and the expected financial situation of households (up 0.1 points). source: Bank of Albania
Consumer Confidence in Albania averaged -12.52 points from 2003 until 2020, reaching an all time high of -6.20 points in the fourth quarter of 2011 and a record low of -21.60 points in the second quarter of 2020. This page provides - Albania Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Albania Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Consumer Confidence in Albania is expected to be -14.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Albania to stand at -13.00 in 12 months time. In the long-term, the Albania Consumer Confidence is projected to trend around -12.50 points in 2021 and -12.30 points in 2022, according to our econometric models.