Confidence reaches its highest level for five months in January

16 February 2012

  • The main confidence index rose by nine points to 47 in January after falling back the previous month
  • This follows the index reaching a near record low in December
  • The main index stands 29 points below its long run average of 76 but just two points lower than the same time last year
  • The Expectations Index rose by 14 points in January to 64
  • Consumers’ assessment of the future economic situation remains the main driver behind the increase

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