Colombia’s consumer confidence index fell by 10.9 points to -12 in February 2025, marking 32 months of pessimism, driven by an 11.6-point drop in future expectations and a 9.7-point decrease in current economic conditions.
In February 2025, Colombia’s consumer confidence index saw a significant drop of 10.9 points, landing at -12, compared to the previous month’s reading of -1.1, marking a notable decline in consumer sentiment. This downturn signifies the 32nd consecutive month of general pessimism among consumers in the country.
The primary factor contributing to this decline was an 11.6-point fall in the future expectations component, which decreased to -9.5. Additionally, the current economic conditions indicator also fell by 9.7 points, reaching -15.7, indicating worsening perceptions of the economy.
The decline in Colombia’s consumer sentiment reflects persistent pessimism among consumers, with the confidence index at -12, down from -1.1. The notable decreases in both future expectations and current economic conditions suggest ongoing economic challenges for households. This trend of diminishing consumer confidence could impact future spending and overall economic growth.
Original Source: www.tradingview.com
