attractive landscape in Colombia

Colombia Consumer Confidence May 2023

Colombia: Consumer sentiment improves in May

According to a survey elaborated by Fedesarollo, consumer sentiment jumped to minus 22.8 in May from April’s minus 28.8. May’s result marked the strongest sentiment since December 2022. That said, despite rising, the index remained below the 0-point threshold that separates pessimism from optimism among consumers.

Every component of the consumer confidence index improved in May. Consumers became more optimistic about their financial situation a year ahead, and less pessimistic about their present financial situation and likelihood to purchase consumer goods.

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