The consumer confidence index in Albania increased to -18.9 in the first quarter of 2021, from -20.0 in the prior period, on hopes of economic recovery in the year ahead but remained below pre-pandemic levels. The improvements were mainly seen in the sub-indexes measuring major purchases (-66.2 from -70.1 in Q4); the expected financial situation of the household (up -1.3 from -2.6); and the expected overall economic situation (-7.0 from -7.8). On the other hand, the current situation of income and expenditures deteriorated (-1.2 from 0.5). source: Bank of Albania
Consumer Confidence in Albania averaged -12.72 points from 2003 until 2021, reaching an all time high of -6.20 points in the fourth quarter of 2011 and a record low of -21.80 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 July of 2021.
Consumer Confidence in Albania is expected to be -13.00 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 -12.50 in 12 months time. In the long-term, the Albania Consumer Confidence is projected to trend around -12.50 points in 2022 and -12.30 points in 2023, according to our econometric models.