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Consumer Confidence Sees Another Month of Growth: Index of Consumer Confidence
March 18, 2024
Consumers’ financial outlooks improved, likely influenced by news of weaker price gains as it was announced inflation cooled to 2.9 per cent in January. Although a small change, both current and future financial outlooks saw a decrease in pessimism this month. This could be a result of consumers expecting some respite from financial strain if interest rates are lowered in the near term.
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