Consumer Confidence Stays Upbeat In October

04-Nov-2009
Nationwide's Consumer Confidence Index indicates that consumer confidence stayed upbeat in October…

Nationwide Consumer Confidence October 2009: Key Findings

  • Nationwide's Consumer Confidence Index in October was unchanged from September's score of 72, the highest level this year.
  • Within the overall score, the Spending Index was also unchanged, while the Present Situation Index crept up by two points.
  • However, when it came to the Expectations Index – a measure of how people felt about the economic and employment situations in six months – consumers were less confident than they were last month, with the score slipping by two points.
  • Despite this, when it came to house prices in six months' time, respondents anticipated a rise in value of 1.5 per cent compared to 1.2 per cent in September - the highest level since October 2007.

Read the Nationwide Consumer Confidence Index October 2009

Related story:

Another Rise In Consumer Confidence
Another Rise In Consumer Confidence
 (07 Oct 2009)
There was another rise in consumer confidence during September, according to Nationwide's latest survey…...More

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