Christmas confidence cracks for consumers

Written on the 20 December 2016

Christmas confidence cracks for consumers

A fall in Western Australian consumer confidence has been influenced by uncertainty in the global economy, according to new data by the Chamber of Commerce and Industry of Western Australia (CCI).

The WA Super-CCI Survey of Consumer Confidence for the December quarter found that while 55 per cent of consumers still expected the WA economy to either improve or hold steady in the short-term, this had fallen by 7 per cent from the September quarter.

The survey found foreign affairs weighed more heavily on consumers' minds this quarter, with 64 per cent of respondents reporting that global economic news affected their perception of the local economy, up nine per cent from last quarter. This is the highest rating for global economic news since the CCI-WA Super survey began in 2009.

Click here for the Survey and Media Statement.

For more information please contact Kate Hodges from Chamber of Commerce and Industry WA  on 0448 928 227.

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