The Consumer Confidence Index. November 2024

The Consumer Confidence Index, calculated using both methodologies, has remained in positive zone, setting a new historical high.

  • The Consumer Confidence Index in Q4 2024 increased by 1.4 percentage points (according to Rosstat methodology) and reached 0%.
  • The Consumer Confidence Index excluding the current economic situation component (Eurostat methodology) stood at 0.4%, while the average value for EU countries in October 2024 was significantly lower: -12.6%.
  • There is a positive dynamic in the assessment of the country’s economic situation.
  • The proportion of respondents reporting income reductions remained at 26% – the same level as the previous wave.
  • Saving on food has once again become a popular strategy for respondents with declining incomes.
  • The share of those who lost their jobs in the past two weeks decreased to 1.4%.
  • The proportion of respondents reporting job losses among acquaintances reached a new low of 10%.