Consumer confidence perks up heading into silly season

Fri, 29 Nov 2019

Consumers are increasingly comfortable with making big-ticket purchases as retailers prepare for the all-important Christmas season. The ANZ-Roy Morgan consumer confidence index rose for a second month, up 3 points at 121 in November, with households more optimistic about the wider economy and happier to buy a major item. That was despite fewer people feeling better off about their own financial situation. Of the 998 people surveyed, a net 4 percent said they expected good economic conditions in the coming 12 months, an improvement on...

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