Consumer Confidence in Iceland decreased to 62.20 points in March from 75.30 points in February of 2020.

Consumer Confidence in Iceland averaged 94.72 points from 2001 until 2020, reaching an all time high of 154.93 points in May of 2007 and a record low of 19.54 points in January of 2009. This page provides the latest reported value for - Iceland Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iceland Consumer Confidence - values, historical data and charts - was last updated on June of 2020.

Consumer Confidence in Iceland is expected to be 88.85 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Iceland to stand at 88.84 in 12 months time. In the long-term, the Iceland Consumer Confidence is projected to trend around 88.84 points in 2021, according to our econometric models.

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Iceland Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
62.20 75.30 154.93 19.54 2001 - 2020 points Monthly
NSA

Iceland Consumer Last Previous Highest Lowest Unit
Consumer Confidence 62.20 75.30 154.93 19.54 points [+]
Consumer Spending 185890.00 207932.00 207932.00 91771.00 ISK Million [+]
Disposable Personal Income 4100.50 3913.90 4100.50 818.40 ISK Thousand [+]
Gasoline Prices 1.34 1.26 2.24 1.05 USD/Liter [+]
Consumer Confidence Current Conditions 162.70 152.30 173.67 2.67 [+]
Consumer Confidence Economic Expectations 93.70 104.40 158.70 30.49 [+]


Iceland Consumer Confidence
Gallup/Capacent Consumer Sentiment measures future expectations of Icelandic households on the economy, employment and income. The sentiment index is based on 5 questions assessing: current economic situation and expectations in 6 months, current situation in the labor market and expectations in 6 months, and expectations towards the household's total income in 6 months. For each question, the number of positive answers is divided by the number of positive and negative answers. The value of 100 means that the number of positive and negative participants is equal. If the index has a value greater than 100 it means that more participants are positive and vice versa.