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Consumer Sentiment Index

, S

2016

ONSUMER

ENTIMENT

NDEX

EPTEMBER

Chart 1: Consumer Sentiment Index

There were mixed results with the latest release of

120

the September Consumer Sentiment index. The

110

main Index decreased to 102.0 from 102.7 in

100

August. The Index of Consumer Expectations fell to

88.4 this month from 90.8 in August. The Index of

Current Economic Conditions which focuses on

consumers’ views of the present situation increased

in September to 122.1, a moderate increase of 1.7

index points on the previous month. The moving

averages fell for two of the three indices this month.

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General Economic Situation

With respect to future economic conditions, there

has been a fall in sentiment in September following

a recovery in August. The proportion of people

Chart 2:

Index of Consumer Expectations

reporting feeling positive this month was steady at

110

45 per cent; however, there was a 5 percentage

100

point increase in the proportion of people feeling

negative about the economic outlook. There was

also a dis-improvement in relation to future

employment prospects. There was a 2 percentage

point fall in the proportion expecting unemployment

to fall moving down to 43 per cent in September.

Consumer’s view of making major purchases fell

back to July levels of 139.1 and consisted of a 1

percentage point increase in the proportion of

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people having a negative view of the current buying

climate.

Consumer Sentiment Index