Consumer confidence dipped in December though remains above recent lows, index shows

Consumer confidence dipped in December though remains above recent lows, index shows
Fiona Rotherham
By Fiona Rotherham Dec. 11 (BusinessDesk) - Consumer sentiment eased in December but remains well above its recent lows, according to the latest ANZ-Roy Morgan Consumer Confidence Index. Following a six-month high in November, the index has fallen 4 points this month to 118.7, which is in line with the historical average. Current expectations held firm but consumers were less certain about the future. “Consumer confidence put its feet up in December after making solid gains through the second half of the year,” said ANZ Chief Economist...