Global Consumer Confidence and Spending Intentions: Q1 2013

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Consumer confidence among Australians remains stable, dropping one index point in Q1 2013 to 94 points versus the previous quarter and versus the same quarter a year ago. However, a rise in discretionary retail spend indicates a case for cautious optimism. Additional key themes and insights incorporated in the attached media release include:

Two-thirds of Australians say they have changed their spending to save on household expenses compared to this time last year
Almost half believe the next 12 months is be a good time to buy things they want or need
Asia Pacific nations make up seven of the ten most confident countries globally

Click here to read the media release