Consumer confidence ticking up

Fri, 30 Oct 2020

Consumer confidence lifted 9 points to 108.7 in October in the latest ANZ-Roy Morgan survey.It remains under par – its historical average is about 120 – but it is much improved.A net 3 percent said they, or their family. are better off financially than a year ago, up from 2 percent who said they were worse off in September. A net 28 percent said they expect to be better off this time next year, up from 22 percent in the prior month.“The profile is remarkably similar to business sentiment indicators: a sharp bounce, a wobble, t...

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