Nigeria Consumer Confidence - Forecast

Consumer Confidence in Nigeria is expected to be -6.00 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 -10.24 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.


Nigeria Consumer Confidence
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Nigeria Consumer Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Consumer Confidence -6.3 -6 -5 -10.42 -10.24 3.23
Consumer Spending 10657885 10839069 11020253 10977622 10977622 11748141
Disposable Personal Income 19990334 19962223 19497106 19972228 19971869 21904999
Private Sector Credit 22206744 22228523 24769687 22224249 22221074 31091401
Gasoline Prices 0.47 0.45 0.42 0.4 0.37 0.21