Colombia’s consumer confidence index improved to -22.3 in June from -34.3 in the previous month and was the highest reading since last March, lifted by both consumer expectations (-4.6 from -16.0 in May) and current economic conditions (48.8 from -61.7). Consumers were more optimistic regarding their household’s future economic situation (23.2 from 15.3) and were less pessimistic about the country’s economic outlook (-3.0 from -16.0). Additionally, a larger share of respondents said it was a good time to make purchases of furniture or household appliances (-57.2 from -65.2), and that their economic situation had improved over the past year (-40.3 from -58.2). source: Fedesarrollo
Consumer Confidence in Colombia averaged 8.02 points from 2001 until 2021, 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 August of 2021.
Consumer Confidence in Colombia is expected to be -8.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Colombia to stand at 8.00 in 12 months time. In the long-term, the Colombia Consumer Confidence is projected to trend around 6.00 points in 2022, according to our econometric models.