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According to the results of the Consumer Opinion Survey, prepared by Fedesarrollo, in June, the consumer confidence index in Colombia-ICC recorded a balance of 15.5%.
This value represents an increase of 6%. , 6 percentage points from the previous month and an increase of 27.2 percentage points compared to June 2017. Thus, according to the entity, the index recorded positive values every month of the second quarter, also reached its highest highest value since February 2015 and the quarterly moving average continues with the positive trend that has prevailed since March 2017.
Fedesarrollo said that improving consumer confidence over to May is due to an increase in the consumer expectations index.
"The increase over the previous month was due to a strong improvement in the consumer expectations index. Consumer confidence improved in three of the five surveyed cities. compared to last month, however, the propensity to buy a house has increased significantly from last month and was higher than that seen in June 2017. Finally, the propensity to buy personal and household appliances was lower than recorded the previous month, but higher a year ago " explained the entity.
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