Consumer confidence improves in Panama
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.
Tuesday, September 23, 2008
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.
In September, Consumer Confidence Index was 112 points, eight points higher than results in the previous month (104).
The consumer confidence index dropped 18 points when compared to May.
The indicator that is closely monitored by businesses improved in July by 1.3 points in relation to June.
The consumer confidence index prepared by the German pollster GfK and Guatemala's Chamber of Industry shows a 17-point decline in consumer confidence betweenFebruary and May.
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