Consumer confidence in Bucaramanga gains ground | Local

In June, the Consumer Confidence Index, ICC, from Bucaramanga completed three months in the # 39; advance.

For the sixth month of the year, the results of the Consumer Opinion Survey of Fedesarrollo in the capital of Santander registered a positive balance of 6.6% and surprised by an increase of 17.4 percentage points, compared to the same month last year; However, it decreased by 1.3 percentage points compared to May 2018, although it remains in positive territory.

Meanwhile, in the national total, the ICC recorded a balance of 15.5%, which continued to rise in positive territory and recorded the highest value since February 2015. This represents an increase of 6.6 pps compared to May and 27.2 pps compared to June 2017.

According to Fedesarrollo, the increase was due to a sharp improvement in the consumer expectations index.

"We believe that the improvement in expectations is mainly due to the cessation of electoral uncertainty after the closure of the second presidential run, as well as to the favorable effect on the perception people who would have had the World Cup.In addition, this result shows that it is the most optimistic moment for the future of Colombian households since July 2014, "said Bancolombia badysts.

Bancolombia's expert group believes that the greatest optimism among consumers will be consolidated in the coming months.

"With the economic revival, the disposable income of consumers will begin to benefit.", They concluded.

Buying housing, furniture and others

During the sixth month of 2018, according to Fedesarrollo, the willingness to buy housing for bumangueses recorded a balance of 16.3 %, which equates to an increase of 16.4 pps from June 2017 and 37.7 pps over May 2018.

In the national results, the indicator was placed on a balance of 13.8%, an increase of 14, 4 pps from the previous month and 19.1 pps from June 2017.

About whether it's a good or a bad time to buy property such as furniture and appliances, in the city was located in June at -15 7%, representing an increase of 7.8 percentage points compared with the month of May and 7 percentage points compared to June 2017; while in the national result, it was 7.8%, which is equivalent to a 3.7 pps reduction compared to May and an increase of 21.2 pps compared to June 2017.