The consumer confidence indicator in Colombia fell to -1.3 in October of 2018 from -0.7 in the previous month. It was the worst reading since March, amid a deterioration in future expectations (3.9 from 5.1). On the other hand, a slight improvement was seen in current conditions (-9.2 from -9.4 in September). Consumer Confidence in Colombia averaged 11.83 Index Points from 2001 until 2018, 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 2.60 in 12 months time. In the long-term, the Colombia Consumer Confidence is projected to trend around 3.60 Index Points in 2020, according to our econometric models.