Cyprus Consumer Spending - Forecast

Consumer Spending in Cyprus is expected to be 2782.79 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Cyprus to stand at 2799.18 in 12 months time. In the long-term, the Cyprus Consumer Spending is projected to trend around 2766.05 EUR Million in 2020, according to our econometric models.


Cyprus Consumer Spending
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Cyprus Consumer Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Confidence -1.2 -1.94 -3.09 -3.99 -12.6 -10.62
Retail Sales MoM -2.2 0.81 0.5 1.34 1.06 1.1
Retail Sales YoY 5.1 3.76 3 2.43 2 0.87
Consumer Spending 2755 2783 2793 2797 2799 2766
Personal Savings -5.74 -4.97 -3.94 -2.91 -1.89 4.35
Gasoline Prices 1.44 1.45 1.45 1.44 1.43 1.38
Households Debt To Income 197 201 199 197 194 165
Consumer Confidence Current Conditions 17.6 13.73 12.6 11.51 10.46 3.18
Consumer Confidence Economic Expectations 18.5 10.56 8.58 6.76 5.06 -4.61
Consumer Confidence Financial Expectations 3.5 -0.43 -1.45 -2.37 -3.22 -7.81
Consumer Confidence Major Purchases Expectations -28.6 -26.27 -25.77 -25.29 -24.84 -21.8
Consumer Confidence Price Trends -11 -4.84 -3.42 -2.08 -0.84 6.56
Consumer Confidence Savings Expectations -37.3 -39.41 -39.96 -40.43 -40.84 -42.73
Consumer Confidence Unemployment Expectations -12.3 -8.11 -6.86 -5.65 -4.49 3.32