Colombia Consumer Confidence

Colombia

Colombia: Consumer confidence improves in April

May 15, 2015

The Fedesarrollo consumer sentiment index improved in April, increasing from 2.3 points in March to 8.2 points. As a result of the rise, the index is now even further above the 0-point threshold that separates optimistic from pessimistic territory.

The improvement reflected increases in all of the five sub-components that comprise the index. Specifically, consumers were more positive about both their future personal economic situations and the general economic climate.

LatinFocus Consensus Forecast participants expect total consumption to expand 3.4% in 2015, which is down 0.3 percentage points from last month’s forecast. For 2016, the panel expects total consumption to increase 3.3%.


Author:, Economist

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Colombia Consumer Confidence Chart


Colombia Consumer Confidence April 2015

Note: Index of consumer sentiment. Values above 0 indicate optimistic perception, below 0 indicate negative perception.
Source: Fedesarrollo.


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