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A measure of Australian consumer sentiment fell for a third month in February as higher living costs from petrol to rent undermined finances and overshadowed an easing in coronavirus cases. The ...
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The University of Michigan’s closely watched Consumer Sentiment Index surged to a seven-month high in December, reflecting improved current economic conditions while also signaling growing ...
CHOICE also campaigns on behalf of consumers and is a representative on many national and state-based government committees, councils and independent bodies related to consumer rights and issues including food regulation and labelling, health and financial services, telecommunications and digital technology, standards codes, ecologically sustainable development and the environment.
The Consumer Confidence Average Index (CCAI) is a monthly indicator that aggregates data from the above three major national polls on consumer confidence. It represents the rescaled average of the Conference Board Consumer Confidence Index, the University of Michigan Consumer Sentiment Index, and the Bloomberg Consumer Comfort Index.
The consumer confidence index started in 1967 and is benchmarked to 1985 = 100. [how?] The index is calculated each month on the basis of a household survey of consumers' opinions on current conditions and future expectations of the economy. Opinions on current conditions make up 40% of the index, with expectations of future conditions ...
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Australian wages grew at their slowest pace on record in the second quarter, underscoring the damage the coronavirus has done to household spending, after recent data showed consumer confidence ...