The consumer confidence indicator in Colombia rose 6.8 points from a month earlier to 1.2 in March 2019, the highest level since August last year, amid an improvement in both current conditions (up 8.5 points to -1.4) and households' expectations (up 5.6 points to 2.9). Consumer Confidence in Colombia averaged 11.38 Index Points from 2001 until 2019, reaching an all time high of 38.80 Index Points in August of 2010 and a record low of -30.20 Index Points in January of 2017.
Consumer Confidence in Colombia is expected to be 3.00 Index 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 3.00 in 12 months time. In the long-term, the Colombia Consumer Confidence is projected to trend around 4.00 Index Points in 2020, according to our econometric models.