Colombia: Consumer confidence improves in July but remains pessimistic
The Fedesarrollo consumer confidence came in at minus 32.7 in July, up mildly from June’s minus 33.1. Consequently, the index remained below the 0-point threshold and still indicated pessimism among consumers.
July’s uptick was due to consumers’ less pessimistic assessment of the current economic situation, while their views on the future situation deteriorated.