Consumer Confidence Hit 14-Month High This Month
View Source | May 30, 2023 11:27 am
- Consumer confidence here hit a 14-month high this month, as concerns eased about the economic outlook.
- Hopes for additional Government measures to offer some respite from price pressures may also have boosted sentiment, the Credit Union Consumer Sentiment Index suggests.
- Confidence continues to be fragile though, with a majority of consumers still feeling that the worst of the cost-of-living crisis is not behind them.
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