The Consumer Confidence Index. November 2025

We present a new issue of the analytical bulletin “The Consumer Confidence Index” within the project Belarus Economy Monitor. 

  • The Consumer Confidence Index in the fourth quarter of 2025 declined by 2.2 p.p. (according to Rosstat’s methodology) and reached -4.7%.
  • The Consumer Confidence Index excluding the current economic conditions component (Eurostat methodology) stood at -3.9%, whereas the average value for EU member states in October 2025 was lower, at -14.7%.
  • The decline in the index was driven primarily by respondents’ assessments of whether it is a favorable time to make major purchases.
  • The share of respondents reporting a decline in their income remained unchanged at 27%.
  • The proportion of individuals who lost their jobs in the past two weeks, as well as the share of respondents reporting job loss among acquaintances, remains minimal.
  • A shortage of labor in their respective sectors was reported by 57% of respondents.