A majority of consumers surveyed expect increases in interest rates on bank loans, in the dollar exchange rate and in fuel prices during the coming year.
Consumer optimism about the country’s economic outlook improved slightly in the past three months, according to results of the Consumer Confidence Index released Wednesday by the University of Costa Rica’s School of Statistics.
Costa Rica’s consumer confidence index in May reached 49.8 percent, its highest since February 2011 when it was 50.3, according to a new study by the University of Costa Rica. But a UCR expert says a boost in confidence is normal during electoral cycles.
