Colombia’s consumer confidence index fell by 10.9 points to -12 in February 2025, marking a 32-month streak of negative sentiment. The decline is driven by a significant drop in future expectations and current economic conditions, both of which indicate increasing consumer pessimism.
In February 2025, Colombia’s consumer confidence index fell significantly by 10.9 points, reaching -12, in stark contrast to the previous month’s peak of -1.1, which was the highest since June 2022. This decline represents the 32nd consecutive month where consumer sentiment remains in negative territory, signaling ongoing discontent among consumers.
The deterioration in consumer sentiment can be attributed mainly to a drastic decline in the future expectations component, which decreased by 11.6 points to a value of -9.5. Additionally, the indicator measuring current economic conditions also saw a notable drop of 9.7 points, settling at -15.7, further indicating a grim outlook among consumers regarding economic stability in Colombia.
In summary, Colombia’s consumer confidence index has experienced a substantial decline, highlighting a persistent negative sentiment among consumers. The notable drops in both future expectations and current economic conditions reflect growing concerns about economic stability. Such trends raise important questions about the overall economic outlook and consumer behavior moving forward.
Original Source: www.tradingview.com