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Colombia Consumer Confidence November 2021

Colombia: Consumer sentiment drops further in November

The Fedesarrollo consumer confidence index came in at minus 1.4 in November, deteriorating slightly from October’s minus 1.3. As such, the index moved further below the 0-point threshold, signaling pessimism among consumers.

November’s decline came on the back of a deterioration in consumers’ expectations over their economic situation in the coming year and the country’s general economic condition in the coming 12-month period.

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