Consumer confidence indicators reveal that 60.72% of the Canaries believe that the economic situation in the archipelago worsened in the fourth quarter of 2022.
The expectation for the future also worsened, compared to the third quarter of last year: 55.92% believe that it will worsen, 27.97% believe that it will remain the same and 16.11% that it will improve, according to the data. published this Friday by the Canarian Statistics Institute (ISTAC).
The consumer confidence indicators had a pendular behavior over the course of the months throughout 2022.
If in the first quarter 51.67% of those surveyed said that the economic situation in Canary Islands had worsened (by 50.44% in the fourth quarter of 2021), the most optimistic data was recorded in the second: 44.22% believed that it had worsened, but 37.35% expected that it would improve in the future, for a while. 37.17% that it would get worse and 25.48% that it would remain the same.
The reality is that in the third quarter, 59.71% thought that it had gotten worse and 54.24% feared that it would continue to be so in the future, and in the fourth, 60.72% of the Canaries considered that it had worsened and 55.92% that it will get worse.
The worst data in the historical figure occurred in the fourth quarter of 2020, the worst year in the pandemic: 89.86% of the canaries saw the black thing and 66.73% that it would worsen in the following months.
