Russia's consumer confidence index edged up to -15 in the second quarter of 2019 from a near two-year low of -16 in the previous period due to an improvement in expectations over the next 12 months regarding the economy (-10 vs -11 in Q1) and financial situation (-6 vs -7). Also, consumers felt less pessimistic about making large purchases (-26 vs -29). Consumer Confidence in Russia averaged -14.67 Index Points from 1998 until 2019, reaching an all time high of 1 Index Points in the third quarter of 2008 and a record low of -59 Index Points in the fourth quarter of 1998.

Consumer Confidence in Russia is expected to be -16.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Russia to stand at -5.00 in 12 months time. In the long-term, the Russia Consumer Confidence is projected to trend around -7.00 Index Points in 2020, according to our econometric models.

Russia Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-05 01:45 PM Consumer Confidence Q3 -14 -8 -6
2019-01-17 01:00 PM Consumer Confidence Q4 -17 -14 -10
2019-04-04 02:00 PM Consumer Confidence Q1 -16 -17 -22
2019-07-08 01:00 PM Consumer Confidence Q2 -15 -16 -17
2019-10-04 01:00 PM Consumer Confidence Q3 -15 -16


Russia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -15.00 -16.00 1.00 -59.00 Index Points [+]
Retail Sales MoM 1.30 -1.20 23.20 -33.30 percent [+]
Retail Sales YoY 1.40 1.40 18.80 -16.00 percent [+]
Consumer Spending 11314.80 12811.80 12811.80 2546.70 RUB Billion [+]
Consumer Credit 15746053.00 15430745.00 15746053.00 1578632.00 RUB Million [+]
Private Sector Credit 44195588.00 43729159.00 44195588.00 6179836.00 RUB Million [+]
Bank Lending Rate 9.13 9.14 449.40 7.90 percent [+]
Households Debt To GDP 17.20 16.80 17.70 0.60 percent of GDP [+]
Gasoline Prices 0.73 0.70 1.00 0.28 USD/Liter [+]
Consumer Confidence Economic Expectations -3.00 -4.00 9.00 -39.00 [+]


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. This page provides - Russia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-15.00 -16.00 1.00 -59.00 1998 - 2019 Index Points Quarterly




Country Last Previous
Argentina 40.60 Jun/19
Australia 96.50 Jul/19
Brazil 47.00 Jun/19
Canada 54.51 Jul/19
China 123.40 May/19
Euro Area -7.20 Jun/19
France 101.00 Jun/19
Germany 9.80 Jul/19
India 97.00 Sep/19
Indonesia 126.40 Jun/19
Italy 109.60 Jun/19
Japan 38.70 Jun/19
Mexico 107.52 Jun/19
Netherlands 2.00 Jul/19
Russia -15.00 Jun/19
Saudi Arabia 112.00 Mar/19
South Africa 5.00 Jun/19
South Korea 97.50 Jun/19
Spain 102.30 Jun/19
Switzerland -6.00 Jun/19
Turkey 57.60 Jun/19
United Kingdom -13.00 Jun/19
United States 98.40 Jul/19


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