Consumer Confidence Tracker July 2018

Consumer confidence has cooled during summer months but perceived disposable income is at its highest level since early 2017. A cautious optimism remains the narrative.

Despite the summer heatwave consumer confidence in the country’s economic standing has cooled since April, but 2018 levels remain relatively consistent overall.

The cooling in consumer confidence appears to reflect more macro elements rather than noticeably poorer personal conditions of late, as disposable income is at its highest level since early 2017.