Colombia’s consumer confidence index decreased by 10.9 points to -12 in February 2025, reflecting persistent pessimism for 32 months. A drop in future expectations by 11.6 points to -9.5 and a decrease in current economic conditions by 9.7 points to -15.7 contributed to this decline.
In February 2025, Colombia experienced a significant decline in consumer confidence, evidenced by a 10.9-point plunge in the consumer confidence index, settling at -12. This marks a stark contrast to the previous month’s peak of -1.1, indicating a persistent trend of pessimism that has now persisted for 32 consecutive months.
The primary driver behind this negative sentiment is a notable 11.6-point drop in the future expectations component, which fell to -9.5. Additionally, indicators reflecting current economic conditions also worsened, decreasing by 9.7 points to reach -15.7. This deterioration illustrates continued economic challenges facing consumers in Colombia.
The decline in Colombia’s consumer sentiment signifies a growing concern among consumers about future economic conditions. The significant drop in both future expectations and current conditions indicates a sustained period of pessimism. Policymakers may need to address these concerns to restore consumer confidence and support economic recovery.
Original Source: www.tradingview.com
