Financial situation of consumers for next months in Cyprus-28 Statistic

This statistic shows the change in expectations for the consumer financial situation over the next twelve months in Cyprus from December 2019 to November 2020. The financial situation of consumers was expected to deteriorate in the future (net balance of responses amounted to -12.3 percentage points of total answers) as of September 2020.

Consumer financial situation expectations for the next 12 months in Cyprus as of December 2019 to November 2020

Characteristic	Net balance of responses in percentage points of total answers*
Nov '20	-20.1%
Oct '20	-9.6%
Sep '20	-12.3%
Aug '20	-14.7%
Jul '20	-5.3%
Jun '20	-8.1%
May '20	-16.6%
Apr '20	-26.7%
Mar '20	-16.1%
Feb '20	4.4%
Jan '20	2.5%
Dec '19	2.8%

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Release date

November 2020

More information

Region

Cyprus, EU

Survey time period

December 2020 to November 2019

Number of respondents

40,000 respondents

Special properties

consumer households

Supplementary notes

* The data are published as a net balance i.e. the difference between positive and negative answers (in percentage points of total answers). Seasonally adjusted data.

The data published every month are derived from surveys conducted by national institutes in the Member States. The purpose of the Eurostat consumer survey is twofold: first, to collect information on households' spending and saving intentions, and second, to assess their perception of the factors influencing these decisions. The questions are organised around four topics: the households' financial situation, the general economic situation, savings and intentions with regard to major purchases. The consumer survey is entirely qualitative.

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