Industrial and consumer confidence index recovered in February

Last month, the Industrial Confidence Index (ICI) increased by 2.2 percentage points (pp) contrasted to the previous month. Likewise, the Commercial Confidence Index surged by 4.5 pp. Surveyed businesses expressed higher expectations for production (6.3 pp) and economic recovery (+4.9 pp). The reopening of the economy in February is associated with this positive change in perception, said Fedesarollo.

Source: La República