Friday 26 February 2021

Consumer confidence improved in the last six months, but remains pessimistic

Although the Consumer Confidence Index reports increases in the last two quarters, the perception of the country’s economy continues to be pessimistic.

According to the Consumer Confidence survey, conducted by the University of Costa Rica, between August and November 2019 the Consumer Confidence Index (CCI) rose from 28.5 to 32.3, and by February this year it had risen to 37.

Johnny Madrigal, the study’s coordinator, told Nacion.com that “… the results show a reduction in people’s uncertainty, which is positive. But it’s not yet on the ground that it’s considered positive.

- Advertisement -

Madrigal added that “… In the last six months’ confidence has increased among men and women, and people of all educational levels. This means that the increase is widespread and homogeneous.”

The data shows that in February more than half of consumers said it was a bad time to buy a house or a vehicle.

Source: Nacion.com

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Perception of the economy: 76% of Costa Rican say it is the worst time to buy a house

(QCOSTARICA) Consumer perception has plummeted to its lowest level in almost...

Consumer uncertainty remains, but there is a little less pessimism

Currently, 6.5% of Costa Ricans say that the Government is doing...

MOST READ

False dentist worked from his garage and charged ¢ 100,000 for ‘braces’ that come off in a few hours

QCOSTARICA - A 30-year-old man, who posed as a dentist, set up an office in the garage of a house in Siquirres, Limón, where...

Costa Rica received the largest batch of covid-19 vaccines on Tuesday: 92,430 doses

QCOSTARICA - A new batch of vaccines of 92,430 doses, and the largest received since December against covid-19, arrived Tuesday, as part of the...

Despite Covid and Barriers Nicaraguans Migrate to Costa Rica

QCOSTARICA - Restricted borders, increased immigration patrols, limitations in transportation and movement and the pandemic has not deterred Nicaraguan migrants from arriving in Costa...

There is no money to start the Costa Rican Space Agency

QCOSTARICA - Costa Rica President Carlos Alvarado assured that the State lacks the money to start the Costa Rican Space Agency (Agencia Espacial Costarricense...

Travel restrictions in key markets for Costa Rica delay tourism reactivation

QCOSTARICA - The restrictions for travelers imposed by the United States, Canada, Mexico, France, Spain and the United Kingdom, six of the main sources...

Costa Rica confirms presence of coronavirus variants emerged in UK and South Africa

QCOSTARICA - Costa Rica already reports variants of SARS-CoV-2, the virus that causes covid-19 that emerged in the United Kingdom and South Africa and...

Determination and Perseverance wins against the AyA

RICO's TICO BULL - My story started last May, when instead of the usual ¢7,000 to ¢8,000 colones monthly water bill, it was an...

Costa Rica, Chile and Brazil have administered the highest number of doses per capita to date.

QCOSTARICA - Widespread vaccination is the key to overcoming the COVID-19 pandemic and reinforcing the economic recovery in Latin America, Fitch Ratings said in...

Banana growers achieved record exports in the year of the pandemic

QCOSTARICA - Costa Rica's banana growers reached an export record in 2020, despite the impact of the pandemic, shipping fruit in new markets and...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.