Colombia: Consumer confidence improves slightly in April
June 3, 2014
The Fedesarrollo consumer sentiment index rose marginally from 17.5 points in March to 17.9 in April. As a result, the index moved slightly further above the 0-point threshold that separates optimistic from pessimistic territory.
The moderate monthly increase mainly reflects that an improvement in consumers’ assessments regarding their current economic conditions more than compensated for a moderation in their expectations for their future economic situations. Particularly, consumers were more willing to purchase large-ticket items. However, households’ expectations regarding the general economic situation for the next 12 months deteriorated over last month.