The mood among Colombian consumers deteriorated for the fourth consecutive month to -30.2 in January of 2017 from -10.7 in December. It was the weakest reading since the beginning of the series in November of 2001, as consumers were much more pessimistic about current economic conditions (-33.1 from -2.6 in December) and future expectations fell further (-28.3 from -16.1). Consumer Confidence in Colombia averaged 13.88 percent from 2001 until 2017, reaching an all time high of 38.80 percent in August of 2010 and a record low of -30.20 percent in January of 2017.
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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). This page provides – Colombia Consumer Confidence – actual values, historical data, forecast, chart, statistics, economic calendar and news. Colombia Consumer Confidence – actual data, historical chart and calendar of releases – was last updated on February of 2017.