The consumer confidence indicator in Faroe Islands rose to 19 in the second half of 2019 from 11 in the first half of 2019. Consumer Confidence in Faroe Islands averaged 1.93 Index Points from 2006 until 2019, reaching an all time high of 19 Index Points in the second quarter of 2019 and a record low of -29 Index Points in the second quarter of 2008. source: Statistics Faroe Islands

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Faroe Islands Consumer Confidence
Faroe Islands Consumer Last Previous Highest Lowest Unit
Consumer Confidence 19.00 11.00 19.00 -29.00 points [+]
Economic Optimism Index 22.00 21.00 47.00 -29.00 points [+]


Faroe Islands Consumer Confidence

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.

Actual Previous Highest Lowest Dates Unit Frequency
19.00 11.00 19.00 -29.00 2006 - 2019 points Quarterly
NSA




Country Last Previous
Argentina 41.40 Nov/19 43.8
Australia 95.10 Dec/19 97
Brazil 47.30 Sep/19 47
Canada 53.18 Dec/19 52.65
China 124.30 Oct/19 124
Euro Area -7.20 Nov/19 -7.6
France 106.00 Nov/19 104
Germany 9.70 Dec/19 9.6
India 89.40 Sep/19 97.3
Indonesia 124.20 Nov/19 118
Italy 108.50 Nov/19 112
Japan 38.70 Nov/19 36.2
Mexico 43.50 Nov/19 43.9
Netherlands -2.00 Nov/19 -1
Russia -13.00 Sep/19 -15
Saudi Arabia 114.00 Jun/19 112
South Africa -7.00 Sep/19 5
South Korea 100.90 Nov/19 98.6
Spain 77.40 Nov/19 73.3
Switzerland -10.40 Dec/19 -8
Turkey 59.90 Nov/19 57
United Kingdom -14.00 Nov/19 -14
United States 99.20 Dec/19 96.8


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