NewsWhore
12-18-2009, 02:30 PM
In the first government release of this information, quite common in other countries, Dominican consumers showed more confidence in October, halting a yearlong period of negativity. The CCI (Consumer Confidence Index) fell to 68.3 in October, but the outlook for the next 12 months was put at 96.9.
This means that there is hope that the situation will change in their favor, according to the latest report by the Survey on Consumer Confidence that is carried out each semester.
This is the first time that the Ministry of Economy, Planning and Development has released these numbers. The survey was conducted by the Research Group AQR - part of the Institute for Research in Applied Economics (IREA) at the University of Barcelona, and Gallup Dominicana did the fieldwork.
Generally speaking, the results of such surveys tend to help government planners draw up strategies aimed at improving the economy. A ministry press release says that, "After re reduction in the levels of consumer confidence from April 2008 to April 2009, due to the influence of the international financial crisis, a notable increase was registered between April and October 2009." In April 2008, the CCI stood at 84.1, and in April 2009 it was at 59.2. However, in October the index improved slightly to 68.3.
More... (http://www.dr1.com/index.html#5)
This means that there is hope that the situation will change in their favor, according to the latest report by the Survey on Consumer Confidence that is carried out each semester.
This is the first time that the Ministry of Economy, Planning and Development has released these numbers. The survey was conducted by the Research Group AQR - part of the Institute for Research in Applied Economics (IREA) at the University of Barcelona, and Gallup Dominicana did the fieldwork.
Generally speaking, the results of such surveys tend to help government planners draw up strategies aimed at improving the economy. A ministry press release says that, "After re reduction in the levels of consumer confidence from April 2008 to April 2009, due to the influence of the international financial crisis, a notable increase was registered between April and October 2009." In April 2008, the CCI stood at 84.1, and in April 2009 it was at 59.2. However, in October the index improved slightly to 68.3.
More... (http://www.dr1.com/index.html#5)