August 28th, 2014 (InsideCostaRica.com) The latest consumer confidence report by the School of Statistics at the University of Costa Rica shows that just 11.2% believe the new government of Luis Guillermo Solís is doing a good job in its handling of the economy, while 43.4% say the government is doing a poor job of handling the economy.
Meanwhile, consumer confidence has dropped six percentage points since Solís took office in May, falling from 49.7% to 43.7%. That figure is lower than after former president Laura Chinchilla’s first 100 days in office, when consumer confidence stood at 50.3%.
“People are losing confidence in the economy of this country,” Johnny Madrigal, a UCR researcher, told El Financiero.
Additional findings of the survey, conducted between August 4th-14th, reveal that most people expect interest rates to rise in the future and fewer than half believe their family’s income will rise over the next 12 months.
Solís will deliver his “first 100 days” address today at 7 p.m.