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Survey: Central American consumer sentiment during the coronavirus crisis

Optimism has grown slightly in Central American countries despite the prevailing sentiment of uncertainty in the face of COVID-19.

Central American consumers are uncertain about their economic future, as many consumers have experienced a decline in income and savings. While optimism has increased, consumers remain cautious about their spending, and spending intent is negative across most categories. Central American consumers are concerned about the wellbeing and safety of their families, and most believe that the impact of the crisis on their routines and finances will last for more than another two months.

These exhibits are based on survey data collected in Central America from May 1–4, 2020. Check back for regular updates on Central American consumer sentiments, behaviors, income, spending, and expectations.

About the author(s)

Julio Giraut is a partner in McKinsey’s Panama office, and Claudia Zaroni is a specialist in the Sao Paulo office.

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