In Faroe Islands, the consumer confidence survey is based on 15 questions posed to 500-550 consumers twice a year. The balances that are calculated for each question on the basis of weighted averages (ranging from -100 to +100) show estimated own financial situation and economic situation of the country. The consumer index is average of the questions: 1) Expected financial situation of the household in 12 months compared to now (balance), 2) Expected general economic situation in Faroe Islands in 12 months compared to now (balance), 3) Expected number of unemployed people in 12 months (balance) and 4) Expected money savings of the household over the next 12 months (balance). This page provides - Faroe Islands Consumer Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on December of 2019.