Estonia Consumer Spending  Forecast


Consumer Spending in Estonia is expected to be 2526.40 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 Estonia to stand at 2461.54 in 12 months time. In the long-term, the Estonia Consumer Spending is projected to trend around 2457.85 EUR Million in 2020, according to our econometric models.


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Estonia Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence 0.5 -0.76 -1.92 -2.9 -3.73 -7.16
Retail Sales MoM -1 18 0.46 0.44 0.44 10
Retail Sales YoY 1 5 2.38 2.7 2.99 2
Consumer Spending 2524 2526 2465 2508 2462 2458
Personal Savings 8.77 7.48 7.42 7.36 7.3 7.41
Consumer Credit 8064 8343 8529 8696 8843 9419
Bank Lending Rate 3.13 3.16 3.18 3.2 3.22 3.39
Gasoline Prices 1.38 1.38 1.38 1.37 1.37 1.31
Households Debt To Income 70.87 70.08 69.13 68.19 67.25 58.27
Consumer Confidence Current Conditions 4.5 1.97 0.24 -1.34 -2.75 -10.06
Consumer Confidence Economic Expectations 12.1 7.88 6.05 4.56 3.35 -1.11
Consumer Confidence Financial Expectations 4.8 2.95 2.16 1.43 0.76 -3.25
Consumer Confidence Major Purchases Expectations -22.2 -23.12 -23.48 -23.83 -24.16 -26.48
Consumer Confidence Price Trends 34.8 35.48 35.49 35.48 35.48 35.44
Consumer Confidence Savings Expectations -10.9 -14.28 -14.84 -15.37 -15.89 -20.04
Consumer Confidence Unemployment Expectations 4.8 7.41 8.78 10.05 11.23 18.45