The consumer confidence indicator in Faroe Islands fell to 0.0 in the second half of 2020 from +5 in the first half. source: Statistics Faroe Islands
Consumer Confidence in Faroe Islands averaged 1.97 points from 2006 until 2020, reaching an all time high of 19 points in the second quarter of 2019 and a record low of -29 points in the second quarter of 2008. This page provides - Faroe Islands Consumer Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Consumer Confidence - values, historical data and charts - was last updated on November of 2020.
Consumer Confidence in Faroe Islands is expected to be 10.52 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Faroe Islands to stand at 10.33 in 12 months time. In the long-term, the Faroe Islands Consumer Confidence is projected to trend around 10.35 points in 2021 and 10.34 points in 2022, according to our econometric models.