Pessimism among Consumers IncreasesBetween February and August of this year, the proportion of consumers in Costa Rica who expressed pessimism regarding the country's economic future increased from 33% to 47%, a rise that can be explained by the crisis resulting from the outbreak of covid-19.Wednesday, September 2, 2020
According to the Consumer Confidence Survey conducted during August 2020 by the School of Statistics of the University of Costa Rica, people in the country expect increases in the cost of their loans in the next 12 months. Source: elobservadorcr.com Do you need to understand the characteristics of the consumer in the new commercial reality? Contact UsNeed assistance? Contact us
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Business, Mistrust and UncertaintyJanuary 2021 Although the restrictions imposed by the pandemic have been relaxed, consumers continue to show signs of mistrust in the current situation, behavior that could put pressure downward on spending on products and services considered to be discretionary. Costa Rica: Consumer Confidence FallsMay 2020 Between February and May of this year the Consumer Confidence Index registered a 40% drop, which was caused by the health and economic crisis resulting from the covid-19 outbreak. Consumers: Pessimism Continues in Costa RicaFebruary 2020 Although the Consumer Confidence Index reports increases in the last two quarters, the perception of the country's economy continues to be pessimistic. Economic Challenges AheadFebruary 2019 The pessimism expressed by consumers in Costa Rica and the constant deterioration of business expectations in Guatemala reflect part of the complex challenges faced by Central American economies this year.
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