attractive landscape in Colombia

Colombia Consumer Confidence March 2018

Colombia: Consumer sentiment more upbeat in March

The Fedesarrollo consumer confidence index climbed to a 17-month high of minus 3.2 points in March, up from minus 7.8 points in February. The indicator has now been sitting below the zero-point threshold that separates optimism from pessimism among consumers for 27 months.

The improvement in consumer sentiment reflected an upturn in all five sub-components of the index. Consumers’ perception on their future personal economic situation was more optimistic and sat in positive territory, while their views on the general economic situation and the economic conditions of the country over the next 12 months were less pessimistic but remained in negative territory. Moreover, consumers held a more favorable view on their personal economic situation now compared to a year ago and showed a higher propensity to purchase big-ticket items, but both components remained below the zero-point threshold.

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