In December, the Davivienda Confidence Indicator (ICD) on the country’s economic situation showed a slight increase. This performance can probably be explained due to the improvement in household labor conditions and the moderate appreciation of the Colombian peso in the month.
(Consumer confidence recovered in December).
Of the people who answered the survey, 17.4% thought that their confidence improved compared to the previous month; on the contrary, 35.7% affirmed that it decreased, yielding a balance of -18.3%.
The level reached by the Confidence Indicator is above the historical average (-19.9%).
For December, the perception of the economic situation registered a significant decrease compared to the month of November.
The percentage of those who believe that the economic situation is very good or good fell from 15.5% in November to 13.9% in December. For his part, the percentage that stated that the economic situation is bad or very bad increased from 34.3% to 38.6% between the same two months.
Under these conditions, the balance between those who say the situation is very good or good and those who think it is very bad or bad decreased from -18.8% to -24.7%.
(Colombia closes the year with a drop in consumer confidence).
With the data consolidated to the month of December, it was observed that the percentage of those who think that it is a good time to acquire a financial obligation increased marginally compared to the previous month.
Of the total number of respondents, 21.7% responded favorably to this question, while in November this percentage had been 21.4%.
The proportion reached in December is higher than the historical average of the indicator, which stands at 16.3%.
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