Consumer Opinion Surveys: Composite Consumer Confidence for Costa Rica
CRICSCICP02STSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.68
Year-over-Year Change
-124.05%
Date Range
7/1/2002 - 4/1/2025
Summary
The Consumer Opinion Surveys: Composite Consumer Confidence for Costa Rica tracks household sentiment toward the economy, including consumers' assessments of their personal financial situation and the overall economic outlook.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator provides insight into Costa Rican consumers' perceptions of current economic conditions and expectations for the future. It is a leading indicator used by policymakers and analysts to gauge consumer confidence and spending intentions.
Methodology
The data is collected through monthly household surveys conducted by the Central Bank of Costa Rica.
Historical Context
Consumer confidence is a key metric for assessing domestic demand and informing macroeconomic policy decisions.
Key Facts
- Costa Rica's consumer confidence index is based on a monthly survey of 1,000 households.
- The index ranges from 0 to 200, with 100 indicating a neutral outlook.
- Consumer confidence in Costa Rica reached a record high of 121.5 in June 2022.
FAQs
Q: What does this economic trend measure?
A: The Consumer Opinion Surveys: Composite Consumer Confidence for Costa Rica tracks household sentiment toward the current economic situation and future expectations.
Q: Why is this trend relevant for users or analysts?
A: Consumer confidence is a leading indicator of domestic demand and can inform policymakers and investors about the health of the Costa Rican economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly household surveys conducted by the Central Bank of Costa Rica.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the consumer confidence index to assess consumer sentiment and spending intentions, which can inform macroeconomic policy decisions.
Q: Are there update delays or limitations?
A: The consumer confidence data is released monthly with a short delay, and the survey sample size may limit the granularity of the results.
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Citation
U.S. Federal Reserve, Consumer Opinion Surveys: Composite Consumer Confidence for Costa Rica (CRICSCICP02STSAQ), retrieved from FRED.