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    News 2022

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    30 Jun 2022
    Sri Lanka Consumer Confidence: Consumer confidence remained extremely pessimistic through May
    The Institute for Health Policy (IHP) released today the May 2022 update of its Consumer Confidence Indices, which are being trialled as part of its Sri Lanka Opinion Tracker Survey (SLOTS).

    IHP�s Index of Consumer Sentiment, Consumer Expectation and Current Conditions remain highly pessimistic, unchanged from April.

    Throughout May, all IHP's consumer confidence indices have remained at extremely low levels. Leading up to the country-wide protests and the resignation of the Prime Minister on 9 May, some small improvements were seen in the Index of Consumer Expectation (ICE), which measures the public's expectations about the future, and the Index of Consumer Sentiment (ICS), which measures the public's views on their personal economic status and the national economy. However, despite the resignation of the Prime Minister, and subsequent appointment of a new Prime Minister, there was no improvement in any of the indices. This may be reflective of the country's continued difficulties in ensuring essentials such as fuel, electricity, essential food items and other goods and services.
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    11 May 2022
    Sri Lanka Consumer Confidence: Continued Drop in April to Reach New Low of 5
    The Institute for Health Policy (IHP) released today the April 2022 update of its Consumer Confidence Indices, which are being trialled as part of its Sri Lanka Opinion Tracker Survey (SLOTS). IHP's Index of Consumer Sentiment (ICS), a measure of how the public views their personal economic situation and the wider national economy, fell a further three points in April to 5, closer to its floor of zero, and reaching its lowest level since IHP began tracking it.

    The study noted that consumer confidence was higher in the youth (ages 18-29 years) until February 2022, has also collapsed making comsumer confidence accross all age groups similar.
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