Confidence Index Improves in Panama

As of June, the consumer confidence index was 114.9 points, 8.3 points higher than that of the previous month (106.7).

Friday, June 26, 2009

The General Manager of The Marketing Group, the company in charge of conducting the survey along with the Chamber of Commerce, expressed that “future consumer confidence related to home and country situation, appears to be positive, due to the hopes that Panamanians have for the next government.”

La Estrella published on its website: “Expectations for unemployment during the next twelve months show an increase from 97.1 points in March to 108.6 in the month of June.”

More on this topic

Guatemala: Consumer Confidence Drops

September 2009

The consumer confidence index dropped 18 points when compared to May.

This index, measured by The Marketing Group, dropped to 71 from 89, where it was in May, signaling further deterioration in consumer confidence.

"Households are pessimistic regarding the economic situation for the next 12 months, and they are trimming their expenses, anticipating lower income.

Consumer Confidence Up in Panama

October 2010

In September, Consumer Confidence Index was 112 points, eight points higher than results in the previous month (104).

The measurements were made by consultants The Marketing Group for the Chamber of Commerce of Panama, it shows that consumers are confident that home situation in the future will improve, since the indicator remains 20 points above critical point.

Consumer confidence improves in Panama

September 2008

The Panamanian Consumer Confidence Index (ICCP) for the month of August was 101.8 points, that is, 11.9 points higher than that recorded in July, according to revelations by GfK The Marketing Group.

The budget payments for month 13 and recent measures announced by the government regarding social initiatives helped in part to improve the ICCP for August, after many months of having a negative tendency.

Confidence level in Panama increases

August 2008

The indicator that is closely monitored by businesses improved in July by 1.3 points in relation to June.

Despite the fact that the Panama Consumer Confidence Index (ICCP) is still below the critical point of 100, the perception is that consumer confidence improved in Julio when the ICCP rose 1.3 points from the previous month.

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