Colombia’s consumer confidence index dropped 10.9 points to -12 in February 2025, indicating 32 months of pessimism. The future expectations component fell by 11.6 points to -9.5, while the current economic conditions indicator decreased by 9.7 points to -15.7.
In February 2025, Colombia’s consumer confidence index experienced a significant decline, falling by 10.9 points to -12. This drop follows a brief rise to -1.1 in January 2025, marking the highest level since June 2022, and indicating a continuous trend of negative sentiment for 32 months.
This slump in consumer confidence was chiefly influenced by the future expectations component, which decreased by 11.6 points to -9.5. Additionally, the current economic conditions indicator fell by 9.7 points, reaching -15.7, reflecting the growing concerns among consumers regarding the economic outlook.
In conclusion, the sharp decline in Colombia’s consumer confidence index suggests a deepening pessimism among consumers. With two significant components, future expectations and current economic conditions, both reflecting negative sentiment, it is evident that economic uncertainties are impacting consumer perspectives. This marks a continuing trend of declining consumer confidence that merits attention.
Original Source: www.tradingview.com
