Colombia’s consumer confidence index fell by 8 points to -19.5 in October of 2022, from -11.5 in September. The latest reading pointed to a further deterioration in consumer sentiment that was the strongest since June of 2021, amid declines in both current economic conditions (-37.9 vs -31.1 in September) and future expectations (-7.3 vs 1.6). The index gauging the propensity to buy durable goods also decreased (-47.4 vs -42.5). source: Fedesarrollo

Consumer Confidence in Colombia averaged 6.91 points from 2001 until 2022, reaching an all time high of 38.80 points in August of 2010 and a record low of -41.30 points in April of 2020. This page provides - Colombia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Consumer Confidence in Colombia is expected to be -10.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Colombia Consumer Confidence is projected to trend around 5.00 points in 2023, according to our econometric models.

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Colombia Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-10-10 03:00 PM Sep -11.5 -2.4 -8
2022-11-08 03:30 PM Oct -19.5 -11.5 -12
2022-12-07 03:30 PM Nov -19.5 -19


Related Last Previous Unit Reference
Consumer Confidence -19.50 -11.50 points Oct 2022

Colombia Consumer Confidence
In Colombia, Consumer Opinion Survey (EOC), measures the level of optimism that households have about their economic situation and the country's general economic condition taking into account information regarding the previous and the next year. The survey gives an inside about consumers’ willingness to buy household appliances and vehicles, and their ability to qualify for a credit. The survey is based on a sample of around 600 persons, age 25-44, living in the 4 biggest Colombian cities and with different levels of income (low, medium and high).
Actual Previous Highest Lowest Dates Unit Frequency
-19.50 -11.50 38.80 -41.30 2001 - 2022 points Monthly

News Stream
Colombia Consumer Morale Slips to Near 1-1/2-Year Low
Colombia’s consumer confidence index fell by 8 points to -19.5 in October of 2022, from -11.5 in September. The latest reading pointed to a further deterioration in consumer sentiment that was the strongest since June of 2021, amid declines in both current economic conditions (-37.9 vs -31.1 in September) and future expectations (-7.3 vs 1.6). The index gauging the propensity to buy durable goods also decreased (-47.4 vs -42.5).
2022-11-08
Colombia Consumer Morale Weakens to 4-Month Low
Colombia’s consumer confidence index fell by 9.1 points to -11.5 in September of 2022, the lowest in four months, from -2.4 in August. There was a deterioration in both future expectations (1.6 vs 16.1 in August) and current economic conditions (-31.1 vs -30.2). Meanwhile, consumers’ willingness to buy household appliances and vehicles decreased while the index gauging the propensity to buy durable goods increased.
2022-10-10
Colombia Consumer Confidence Improves
Colombia’s consumer confidence index rose by 8 points to -2.4 in August of 2022 from -10.4 in the previous month. There was an improvement in both future expectations (16.1 vs 4.3 in July) and current economic conditions (-30.2 vs -32.3). Meanwhile, consumers’ willingness to buy household appliances and vehicles rose while the index gauging the propensity to buy durable goods decreased.
2022-09-08