Albania’s industrial confidence index decreased to -1.3 in the fourth quarter of 2018 from an upwardly revised -1 in the previous period. Expectations increased regarding production (42 from 30.9 in Q3); selling price (4.4 from 2.8) and employment (13.7 from 9.2). Also, an improvement was seen in new orders (-10 from -11.6) and new export orders (-8.5 from -11). On the other hand, production over the past three months (0.3 from 11.6) and financial situation (4 from 10.2) were assessed less positively. Business Confidence in Albania averaged -7.36 Index Points from 2002 until 2018, reaching an all time high of 4.80 Index Points in the third quarter of 2006 and a record low of -26.40 Index Points in the first quarter of 2009.
Business Confidence in Albania is expected to be -2.60 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Albania to stand at -3.30 in 12 months time. In the long-term, the Albania Business Confidence is projected to trend around -5.00 Index Points in 2020, according to our econometric models.