Consumer Confidence in Nigeria increased to 1.50 Index Points in the third quarter of 2018 from -6.30 Index Points in the second quarter of 2018. Consumer Confidence in Nigeria averaged -9.25 Index Points from 2008 until 2018, reaching an all time high of 6.38 Index Points in the first quarter of 2011 and a record low of -29.80 Index Points in the fourth quarter of 2016.
Consumer Confidence in Nigeria is expected to be -5.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Nigeria to stand at -6.00 in 12 months time. In the long-term, the Nigeria Consumer Confidence is projected to trend around 3.23 Index Points in 2020, according to our econometric models.