Consumer confidence hits four-year high in December

Consumer confidence hits four-year high in December
ANZ Bank. (Image: File)
Staff reporters
Consumer confidence lifted to a four-year high in December, according to the latest ANZ-Roy Morgan survey.The ANZ-Roy Morgan Consumer Confidence index lifted 3 points to 101.5 in December, the highest level since September 2021.However, “that statistic makes it sound strong, but in levels terms it isn’t,” said ANZ chief economist Sharon Zollner. “Consumer confidence took a body blow from the rapid increase in inflation in 2021 and is still recovery,” she said.The future conditions index made up of forward-looking q...