Isthmus consumer confidence climbs
This means that confidence index is above the critical point of 100, showing that the consumer is willing to spend, because the economy ...
This means that confidence index is above the critical point of 100, showing that the consumer is willing to spend, because the economy appears to be solid.
The indicator assumes that is due to the “good rhythm of the economic activity of the country” that was boosted by end of year purchases.
Jacques de Raucourt of GFK Marketing Group, the company that carries out the consumer’s confident surveys for the Panamanian Chamber of Commerce said the increment of the index in Panama was directly related to the high level of commercial activity in December, mainly because during that month the Panamanians receive more income, like the 13th month payment and other incentives.
Consumers expectations about the financial situation of their homes went up to 118, five points higher that in November, which indicates optimism for the future.