The Fedesarrollo index of consumer sentiment improved in October, rising from 25.0 points in September to 25.6 points. As a result, consumer confidence is now 5.0 points above the level observed in the same month last year. Furthermore, at the current level, the consumer confidence index remains well above the 0-point threshold that separates pessimism from optimism, which bodes well for private consumption going forward. The monthly increase in consumer sentiment reflected an improvement in the economic conditions sub-index, which rose to 26.0 points, up from the 20.8 points recorded in the previous month. The consumer expectations sub-index, on the other hand, deteriorated from 27.8 points in September to 25.3 points in October.
Colombia Consumer Confidence
Consumer confidence rises further in October
November 13, 2012
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Colombia Consumer Confidence Chart
Note: Index of consumer sentiment. Values above 0 indicate optimistic perception, below 0 indicate negative perception.
Colombia Economic News
October 7, 2016
In what was a narrow and shocking result, Colombians rejected the peace agreement between the government and the FARC at the 2 October referendum.
September 30, 2016
In August, exports grew 7.0% over the same month last year, which sharply contrasted the 27.3% plunge recorded in July.
September 30, 2016
The seven-member board of the Central Bank (BanRep) unanimously decided to keep the reference interest rate unchanged at 7.75% at its 30 September monetary policy meeting.
September 16, 2016
Industrial production unexpectedly shrank 6.2% annually in July, which contrasted the 6.7% increase seen in June.
September 5, 2016
The Central Bank’s (BanRep) efforts to fight inflation through tighter monetary policy seem to be finally paying off.