The Consumer Confidence Index. July 2024

According to the quarterly household monitoring data, the Consumer Confidence Index together with its components grew again in July 2024, this time reaching the threshold of 0% (under the Eurostat methodology).

  • The Consumer Confidence Index (CCI) grew by 3.4 percentage points (under the Rosstat methodology) and amounted to -1.4% in Q3-2024.
  • The Consumer Confidence Index, excluding the component of the current state of the economy (under the Eurostat methodology) was 0%, while the average value in the EU countries was significantly lower in Q3-2024: -11.2%.
  • There is a positive trend in assessing the financial standing of the family.
  • The share of respondents reporting decreased income remained at the level of the previous survey wave (26%).
  • Saving on food has ceased to be one of the main strategies to withstand dropping incomes, but the share of respondents who began to save on leisure has increased significantly.
  • The share of respondents reporting a job loss over the past two weeks remains at 2%.
  • The share of respondents reporting that someone they knew lost his/her job remained at the level of Q2-2024 and amounted to 15%.