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locAl Saturday 8 auguSt 2020
A31

Central Bank of Aruba (CBA):

Consumers were less negative about

their household’s financial situation

ORANJESTAD — In the wake ing the second quarter of By the end of the second
of the COVID-19 pandemic 2020. While consumers re- quarter, top of mind con-
and the lift on border clo- ported being more positive sumer concerns were the
sures, consumers were about their household’s fi- economic conditions (88%) During the second quarter consumers indicated that
slightly less pessimistic as nancial situation, concerns and the financial position of 2020, the present situa- taking out a loan or going
the consumer confidence about their personal health of the government (85%), tion index measured 90.6, on a vacation was not ap-
index nudges upward to remained. followed by their job secu- while the future expecta- propriate, while only about
92, up 0.3 index point, dur- rity (77%). More than two- tion index rate 93.3, up from 18% of consumers consid-
thirds of consumers (69%) 92.3 in the previous quarter. ered purchasing a house-
Aruba to me …. indicated that they are still In comparison to the first hold appliance. Conse-
the
quarter, consumers were quently,
consumer
worried about their per-
Reunion of fiancées sonal health, whereas 72% slightly more optimistic purchasing habit index
stood at 92 inching up by
of consumers reported that about the future. Neverthe-
they do not have trouble in less, almost 80% of consum- 0.4 index point in the sec-
ORANJESTAD — Aruba Today welcomes readers to meeting their basic needs. ers expected the impact of ond quarter.
participate in our newspaper. Now that we are open Most consumers perceived the COVID-19 pandemic
to visitors again after the three months of lockdown their household’s financial to last for at least 9 months. More information on the
we are all ears to hear about you. How do you feel situation (55%) to worsen, During the second quarter, Consumer Confidence
to be back or maybe this is your first time in Aruba? although this perception 81% of consumers reported survey is available on the
Let us know! Send us a picture and tell us about your decreased from the previ- that buying a car was not website of the CBA (https://
experience because we love to share this with our ous quarter (66%). suitable. Close to 78% of www.cbaruba.org/).q
readers.

What do you do?
It’s easy. Mail us your vacation picture(s) together with
completing the sentence: Aruba to me is …….. (Email:
news@arubatoday.com) and we will publish this in our
newspaper. This for sure is a great vacation memory
to take home with you. Please do note: By submit-
ting photos, text or any other materials, you give per-
mission to The Aruba Today newspaper, Caribbean
Speed Printers and any of its affiliated companies to
use said materials, as well as names, likeness, etc. for
promotional purposes without compensation.

We received a wonderful picture and message
from Allison Ramey from Minnesota, U.S. She says:
“Aruba to me is reunion. My fiancé and I have been
meeting on the island for the past three years to en-
joy the sun and the sand together. Our trip this time
was extra special because we hadn’t seen each
other for five and a half months. He is from Germa-
ny and I am from the US and because of the pan-
demic and border closures, we didn’t know when
we’d see each other again.
Thank you to Aruba for opening up for international
travel, and providing us an easy and safe way to
come enjoy the island and reunite again! This place
is extraordinary and filled with happiness around
every corner. You won’t find another place like it.”

Allison Ramey and Niklas Meyer