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The CCI is catching up. After decreasing consumer confidence during the summer, the CCI rose by 4.7 index points in September (from -34.2 in August to -29.5 in September). Both the Present Situation Index and the Expectations Index moved upwards in tandem. The Present Situation Index increased by 3 index points, and the Expectations Index by 6.3.
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Consumer confidence decreases over the summer. After the upward trend observed starting in April, consumer confidence fell in July and August to almost equal levels, with a slight increase in August. In July, the overall index decreased by 2.3 points, from -32.1 in June to -34.4 in July. In August, it slightly increased to -34.2.
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A minor increase in consumer confidence in June 2021. The trend of increasing CCI continued from March 2021, this time with a slight 0.9 percentage point increase (from -33.2 in May to -32.1 in June) after a significant jump of 5 points from the previous month.
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There was a significant increase in confidence during May 2021. The small rebound observed in April accelerated to 5 percentage points in May (from -38.2 in April to -33.2 in May), while both sub-indices (the Present Situation Index and the Expectations Index) moved in tandem.
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Modest increase in confidence – Consumer confidence improved by a slight 0.8 percentage points in April (from -39.0 in March to -38.2 in April). Unlike in several of the previous consecutive months, however, the Present Situation Index and the Expectations Index did not move in tandem: while there are higher hopes for the future, perceptions of the present have deteriorated (see Chart 1).