Russia's consumer confidence indicator declined 4 points from the previous period to -26 in the fourth quarter of 2020, remaining well below pre-pandemic levels, amid a deterioration in expectations regarding the country's economic situation (-7 points) and households' financial situation (-4 points). At the same time, the gauge for large purchases dropped 3 points. source: Federal State Statistics Service

Consumer Confidence in Russia averaged -14.98 points from 1998 until 2020, reaching an all time high of 1 points in the third quarter of 2008 and a record low of -59 points in the fourth quarter of 1998. This page provides - Russia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Consumer Confidence in Russia is expected to be -16.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Russia to stand at -9.00 in 12 months time. In the long-term, the Russia Consumer Confidence is projected to trend around -8.00 points in 2022, according to our econometric models.

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Russia Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-26.00 -22.00 1.00 -59.00 1998 - 2020 points Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-03 01:00 PM Q1 -11 -13 -18
2020-07-08 12:15 PM Q2 -30 -11 -14
2020-10-06 04:00 PM Q3 -22 -30 -15
2021-01-19 04:00 PM Q4 -26 -22 -19
2021-04-02 01:00 PM Q1 -26
2021-07-08 12:15 PM Q2
2021-10-06 04:00 PM Q3
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


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.