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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
RussiaRussia Consumer Confidence fell to -12 in January 2026
FMPMonthlyReleased March 2026
Russia Consumer Confidence fell to -12 in January 2026, released March 2026, down 1 from December's -11 reading. The reading missed the -9 consensus by 3. Consumer Confidence has now declined for 4 consecutive months. Consumer Confidence is now the lowest in 24 months.
Latest Release
-12
Actual
-9
Consensus
-11
Previous
Median Absolute Error
±2
across last 10 releases
Last Call
Mar 2026
Predicted: -9
Actual: -12
Error: +3
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Russia) was reported at -12.00 in March 2026. This missed the market consensus of -9.00 by 3.00. The reading fell from the previous value of -11.00. Trailing 12-month context per ETL data through March 2026.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -10.67, down from the prior three at -9.33. In March readings over the past 3 years, Consumer Confidence has averaged -10.00.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch). Over the last 10 releases, the Sigmacast model's median absolute error is 2.00.
WHAT TO WATCH NEXT
The next release is scheduled for June 24, 2026. Same-country events in the next 14 days include Gross Domestic Product YoY (Jun 17) and Interest Rate Decision (Jun 19).
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
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Consumer Confidence - RU
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About Consumer Confidence — Russia
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2026): actual -12, consensus -9. Prior reading (Oct 2025): -11. Before that (Jul 2025): -9.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.