Consumer Confidence

Consumer confidence at low ebb as we head into 2012

• The main confidence index fell by two points to 38 in December after a small bounce the previous month
• December's reading is the second lowest recorded in the history of the index - the lowest level recorded being 36 points (October 2011)
• The main index stands 39 points below its long run average of 77 and 17 points lower than the same point last year
• Consumers' assessment of the current and future economic situation fell back during the month
• Consumers expressed a greater propensity to make household purchases in December, helping to keep the Spending Index stable on 77 points

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