Consumer Confidence in Georgia decreased to -24.90 points in October from -19.50 points in September of 2024. Consumer Confidence in Georgia averaged -22.61 points from 2012 until 2024, reaching an all time high of -1.40 points in November of 2013 and a record low of -48.30 points in April of 2020. source: The ISET Policy Institute
Consumer Confidence in Georgia is expected to be -34.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.
In Georgia, consumer confidence measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. The index is based on the randomly selected sample of 300-350 individuals which are asked to evaluate the past, current and future financial situation of their families and the country as a whole. A month-to-month diminishing trend in consumer confidence suggests that in the current state of the economy most consumers have a negative outlook on their ability to find and retain good jobs..
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
-24.90 |
-19.50 |
-1.40 |
-48.30 |
2012 - 2024 |
points |
Monthly |
|