attractive landscape in Colombia

Colombia Consumer Confidence August 2018

Colombia: Consumer sentiment continues to slide in August

The Fedesarrollo consumer confidence index dropped to 4.7 points in August from 9.8 points in July, moving closer to the critical zero-point threshold separating optimism from pessimism among consumers. The drop in the index reflected a deterioration in almost all sub-components of the index.

While still in optimistic territory, respondents of the survey were less upbeat about the household’s prospects in the next 12 months and the country’s economic conditions over the next year. Respondents were also more pessimistic about their current economic situation compared to a year ago. Moreover, households’ outlook on the economy swung into pessimistic territory from optimistic terrain. On the upside, consumers had a higher propensity to purchase big-ticket items, such as furniture and appliances.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest