CCI decreases again. After the CCI’s quick comeback in March, the index failed to continue the upward trend and fell again after February’s shock; the index decreased by 2.9 index points – from -31.5 in March to -34.4 in April. Both the Present Situation Index and the Expectations Index contributed to the decrease, with the Present Situation Index dropping by 2.9 index points
CCI’s quick comeback. After consumer confidence hit the lowest point since the pandemic this February, it rapidly got back on track in March. The index increased by 10.9 index points, from -42.4 in February to -31.5 in March.
A massive decline in CCI. The decline in consumer confidence continues. However, the magnitude in February is quite high—the index decreased by 10.1 index points and fell to -42.4, the all-time low seen since the pandemic hit.
The CCI has fallen again. After a slight rebound of the Consumer Confidence Index in November, the index further improved in December from -31 to -29.8. However, in January the index decreased by 2.5 index points and fell to -32.3. Both the Present Situation Index and the Expectations Index followed the same trend in December as well as in January, with the Present Situation Index decreasing by 1.9 index points and the Expectations Index by 3.2 points (Chart 1).
The CCI is getting back on track. The highly anticipated decline observed last month has been reversed. The Consumer Confidence Index has increased from -32.5 in October to -31 in November (by 1.5 index points).