Consumer confidence dips to 5-year low
5 days ago, 17:56
Consumer purchasing power dipped to a five-year low in the last quarter of 2017 saddled by a stagnation of personal earnings, a steep rise in inflation and prolonged drought, according to a newly-released market report. The Nielsen Consumer Confidence and Spending Intentions survey found that customer confidence dropped six per cent to 94 per cent in the last quarter of 2017, the lowest level recorded since the first study was conducted in 2013. The survey measures customer’s degree of optimism ...
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