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BER Comment

Date: 2012 - March
Document Type: BER Comment
Description: A brief note – distributed via email and released on our website – intended as a more regular interface with our clients, the emphasis being to provide our interpretations of important economic events
   
Title: Consumer confidence holds up in 1Q2012
   

The FNB/BER consumer confidence index (CCI) remained unchanged at +5 index points during 1Q2012, after falling by 7 index points to +4 in 3Q2011, and edging up to +5 in 4Q2011. The average reading for the CCI since 1994 is +6 index points – with the CCI currently at +5, consumer confidence is at a fairly neutral level, neither supporting nor impeding consumer spending.

   
Size: 152KB
   
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