Santo Domingo.- People’s expectations on their personal and family circumstances, and the country's future economic performance rose 6.83 percentage points between July 2011 and April this year, from 44.67 to 51.50, topping 50 points for the first time since 2008.
The figures from the Intec General Confidence Index-2012 (ICG) reveal a significant improvement in the of population’s economic situation.
The yearly study conducted Intec University’s Business Area shows that the Future Confidence Index also rose from 47.81 to 56.01 points (+8.20), revealing consumer optimism and expectation on the economy in the coming months, which could likely set consumption trends that productive and services sectors must take into account.
Nonetheless the perception on the current situation is still below the 50.0 point barrier, at 47.00 points, which means the current situation still keeps consumers pessimistic.
The study released this weekend is part of Intec’s continuous monitoring of the country’s business climate conditions, aimed at contributing to decision-making by economic agents.