No improvement in Costa Rican consumer confidence, says UCR

SAN JOSE, COSTA RICA – August 30th, 2012 – Ticos continue to be pessimistic in regards to what may happen with the economy. The consumer confidence level is at 39.7%, the same level as 3 months ago, which is a clear sign of pessimism.

This information was revealed in the last survey performed by the Statistics School of the University of Costa Rica ( UCR ).

The researcher, Johnny Madrigal , explained that only 4.8% of respondents said that the government does a good job in Economical Politics.

Also, three-fourths of the population is expecting a hike in gasoline prices, and the percentage of those who expect to be unemployed in the next 12 months grew from 15.4 to 20.6 percent..

Edgar Gutierrez, from the UCR Statistical School, stated that out of the last 11 polls performed during president Laura Chinchilla’s administration, only 2 of them had increases in their confidence levels.

Another important fact that was revealed from the survey is that those who are of a higher economic status are more positive in regards to the economical future of the country.

6 out of every 10 Ticos believe these are bad times to buy a house and 55% believe it is not a good time to purchase a car.

On a curious note, specialists consider that if the Costa Rican soccer team were to win the next game against Mexico for the Brazil World Cup classification on September 7^th, this would help to increase the confidence in Ticos, as such a rise has been observed in previous polls.