Consumer confidence index falls for the first time in the last year, according to a study by the University of Costa Rica.

This week the School of Statistics of the University of Costa Rica (UCR) published the results of the second Consumer Survey 2024, which concluded that the country's consumer confidence fell. The Consumer Confidence Index (ICC) dropped to 45.3% last month, after several months of...

Written by

Francisco Villalobos

Published on

17/06/2024
News

This week the School of Statistics of the University of Costa Rica (UCR) published the results of the second consumer survey 2024, which concluded that consumer confidence in the country fell.

The Consumer Confidence Index (CCI) dropped to 45.3% last month, after several consecutive months of good results, including reaching 50.1% in April, being the highest value since 2017.

This index assumes that optimism about the economy generates confidence among consumers and, as a consequence, increases the desire to spend or incur debt.

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