Wednesday, 12 August 2020
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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 two decades due to the crisis generated by the new coronavirus pandemic. This is revealed by the most recent survey of the Consumer Confidence Index (Índice de Confianza del Consumidor - ICC), the results...

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)...

Consumer uncertainty remains, but there is a little less pessimism

Currently, 6.5% of Costa Ricans say that the Government is doing a good job, 21.0% say that what is necessary and 71.0% that poor work is being done. Consumer confidence improved significantly between September and November, but despite this, a significant degree of uncertainty remains. 2019...

Uncertainty Persists in Costa Rica, Even With Tax Reform

In Costa Rica, the Banco Central (Central Bank) predicted that confidence would again prevail among businessmen and consumers once the tax reform was approved, but that has not been the case. In December 2018, after a year of Legislative debates and after being reviewed by...

External Bonds and No Strikes Key To Growth

The growth of the Costa Rican economy will be 3.2% in 2019 and 3.0% in 2020 - levels higher than the estimated increase for 2018, of 2.7% -, according to the Macroeconomic Program 2019-2020 of the Central Bank. Even several indicators are positive, from stable...

Consurmer Confidence in Costa Rica Fell 10 Points In The Last Year

(QCOSTARICA) --  pomers in Costa Rica continue pessimistic, according to the Consumer Confidence Index (ICC - Índice de Confianza del Consumidor in Spanish). The ICC says the level of confidence stagnated in the last six months to a level of 40 points (on a scale...

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