Nigeria Consumer Confidence  Forecast


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Consumer Confidence in Nigeria is expected to be -10.00 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 -8.53 in 12 months time. In the long-term, the Nigeria Consumer Confidence is projected to trend around 3.23 in 2020, according to our econometric models.


Nigeria Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Consumer Confidence -10.5 -10 -6.95 -7.58 -8.53 3.23
Consumer Spending 10657885 11750000 10034245 10124181 10359623 12900000
Disposable Personal Income 19990334 18747218 18520608 18248201 17983199 21904999
Private Sector Credit 22021899 22983034 21942772 21896988 21851049 31091401
Gasoline Prices 0.41 0.6 0.43 0.43 0.42 0.7