Index of consumer confidence: September 2020
The Conference Board of Canada
September 30, 2020
The monthly Index of consumer confidence is constructed from responses to four attitudinal questions posed to a random sample of Canadian households.
- The Index of Consumer Confidence inched up 5.2 points in September to 83.6 (2014 = 100), thanks to increased overall optimism on all four survey questions.
- Despite this month’s uptick, the pace of the recovery of consumer confidence has stalled. The confidence index has been fluctuating around the 80 mark for four consecutive months. Compared with its peak, reached in February (120.6), the index is now 37 points below its pre-pandemic level.