Colombia’s Consumer Confidence Index edged down to -8.2 in August of 2021 from -7.5 percent in the previous month, dragged down by consumer expectations (6.2 vs 8.6 in July) but recording improved results in current economic conditions (-29.9 vs-31.7). Consumers were less optimistic with their household’s economic future (30.4 vs 34.0) and more pessimistic about Colombia’s economic future (-14.7 vs -10). On the other hand, households reported that their economic situation had improved over the last year (-14.8 vs -20.1) but less households think it is a good time to purchase furniture and appliances (-45.1 vs -43.3). source: Fedesarrollo

Consumer Confidence in Colombia averaged 7.88 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 September 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. In the long-term, the Colombia Consumer Confidence is projected to trend around 6.00 points in 2022, according to our econometric models.

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Colombia Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-8.20 -7.50 38.80 -41.30 2001 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-06-08 03:00 PM May -34.3 -34.2 -20
2021-07-08 02:40 PM Jun -22.3 -34.3 -25
2021-08-09 05:00 PM Jul -7.5 -22.3 -21
2021-09-08 04:00 PM Aug -8.2 -7.5 -10
2021-10-07 02:00 PM Sep -8.2
2021-11-08 02:15 PM Oct
2021-12-07 03:00 PM Nov


News Stream
Colombia Consumer Morale Falls in August
Colombia’s Consumer Confidence Index edged down to -8.2 in August of 2021 from -7.5 percent in the previous month, dragged down by consumer expectations (6.2 vs 8.6 in July) but recording improved results in current economic conditions (-29.9 vs-31.7). Consumers were less optimistic with their household’s economic future (30.4 vs 34.0) and more pessimistic about Colombia’s economic future (-14.7 vs -10). On the other hand, households reported that their economic situation had improved over the last year (-14.8 vs -20.1) but less households think it is a good time to purchase furniture and appliances (-45.1 vs -43.3).
2021-09-08
Colombia Consumer Morale Jumps to 3-Month High
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).
2021-07-08
Colombia Consumer Confidence Deteriorates in May
Colombia’s consumer confidence index edged down to -34.3 in May of 2021 from -34.2 in the previous month, due to a fall in the Economics Conditions Index and an increase in the Consumer Expectations Index. Survey results recorded a slower deterioration of household expectations (-16.0 percent vs -23.3 percent in April), as the current context made consumers less pessimistic regarding next year’s economic outlook. On the other hand, consumer perceptions regarding the present economic conditions have worsened (-61.7 percent vs -50.5 percent).
2021-06-08
Colombia Consumer Confidence Plunges to 2nd All-Time Low
Colombia's consumer confidence index plunged to -34.2 in April of 2021 from -11.4 in the prior month, as the country went through the worst phase of pandemic so far, and has now faced weeks of deadly protests against Ivan Duque’s planned nationwide tax increase. This was the second worse reading, only after the one from last April at the outbreak of the pandemic. Survey results recorded a great deterioration of household's expectations (-23.3 vs 9.6 in March), as the current context made consumers much more pessimistic regarding next year’s economic outlook. Consumer perceptions regarding the present economic conditions have also worsened significantly (-50.5 vs -42.8).
2021-05-11

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).