Colombia's consumer confidence index rose to -34 in May 2020 from -41.3 in the previous month. Still, it was the second lowest reading on record, amid the coronavirus crisis. Household's expectations increased to -14.4 from -20.1 in April and the gauge of current economic conditions went up to -63.4 from -73.
Consumer Confidence in Colombia averaged 9.99 points from 2001 until 2020, 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 July of 2020. source: Fedesarrollo
Consumer Confidence in Colombia is expected to be -30.00 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 -5.00 in 12 months time. In the long-term, the Colombia Consumer Confidence is projected to trend around 3.00 points in 2021 and 6.00 points in 2022, according to our econometric models.