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SLOTS Consumer Confidence Survey 2022-09 |
Sri Lanka Consumer Confidence: Consumer confidence gains modestly following President's resignation in July |
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Kumara N., Wisidagama N., Kapuge Y., Senadeera A., Wijemunige N., Rannan-Eliya R P
17 Aug 2022
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Abstract:The study shows that the Index of Consumer Expectations gained 1 point to 3, compared to the ICC, which gained zero points. This suggests that the resignation mainly improved the public expectations about the future rather than their perceptions of the current situation. However, public expectations about the country's economic future in five years' time did not improve at all, suggesting that the public were not convinced that longer-term prospects had improved, even if they expect better conditions in short-term. |
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