Consumer confidence continues to climb

Fri, 18 Dec 2020

The ANZ-Roy Morgan consumer confidence index lifted 5 points in December to 112, well up from its April nadir of 84.8 during the level 4 nationwide covid lockdown.But the confidence measure is still short of the 120 historical average.A net 25 percent of consumers expect to be better off financially this time next year, down 2 points from November. However, the numbers expecting general economic deterioration next year has shrunk to a net 6 percent of those surveyed, from a net 18 percent last month.The number of people who think it is a good t...

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