Colombia’s Consumer Sentiment Declines Significantly in February 2025

Colombia’s consumer confidence index fell by 10.9 points to -12 in February 2025, marking the 32nd month of negative sentiment. The decline was driven by an 11.6-point decrease in future expectations and a 9.7-point drop in current economic conditions.

In February 2025, Colombia’s consumer confidence index experienced a significant decline, dropping 10.9 points to -12. This marks a notable decrease from the previous month’s level of -1.1, which had been the highest since June 2022. Consequently, this downturn represents the 32nd consecutive month of negative consumer sentiment.

The primary factor contributing to this increased pessimism is an 11.6-point fall in the future expectations component, which decreased to -9.5. Additionally, the indicator reflecting current economic conditions fell by 9.7 points, resulting in a new value of -15.7.

In summary, Colombia’s consumer confidence has significantly deteriorated as evidenced by a substantial drop in the confidence index and negative shifts in both future expectations and current economic conditions. This trend of pessimism has persisted for over two and a half years, indicating ongoing concerns among consumers regarding the country’s economic outlook.

Original Source: www.tradingview.com