Estonia’s consumer confidence index improved in October, the Estonian Market Research Institute (EMRI) consumer barometer indicates, reports LETA.
The EMRI consumer barometer poll indicator was -5 in October, having been -8 in September, -6 in August, and -8 in July.
In October 2012 it was -15. The long term average is -9.
The increase in the consumer confidence index is caused by somewhat improved expectations of the economic situation of one’s family and the state and improved savings’ forecast.
In October, 26 percent of respondents forecast that the economic situation of their family would improve in 12 months; 49 percent forecast that the situation would be unchanged and 17 percent feared a deterioration.