18 Nov 2010

Consumer confidence remains steady in October

6:18 pm on 18 November 2010

The ANZ Roy-Morgan Consumer Confidence Index rose one point, to 114.5, in November.

A reading above 100 indicates more optimists than pessimists, and the survey has remained relatively steady for five months.

More people felt they were financially worse off during the month, but the appetite for buying a major household item picked up.

The most recent Westpac-McDermott Miller Consumer Confidence Index fell five points, to 114.1, in the three months to September, compared with the previous quarter.