The Consumer Confidence Index. May 2026

Key findings of the Belarusian household survey (April 2026):

– The consumer confidence index in Q2-2026 decreased by 1 p.p. (Rosstat methodology) and stood at -2.2%. The consumer confidence index excluding the current economic situation component (Eurostat methodology) stood at -1.1%, while the EU average in April 2026 was lower at -19.4%.

– The decline in consumer confidence in Belarus appears insignificant against the backdrop of a sharp drop in the index in most EU countries.

– Among the components of the consumer confidence index, respondents rated the suitability of the current time for major purchases (-8.9%), the household financial situation (-7.9%), and the country’s economic situation over the past year (-6.7%) most negatively.

– The most positive assessments were given of the expected household financial situation (10%) and the expected economic situation of the country over the next year (2.4%).

– The share of respondents reporting a decline in income remained at 28%.

– 52% of respondents reported labor shortages in their respective sectors.