Austria: Consumer confidence falls in September
September 29, 2015
The consumer confidence index elaborated by Fessel-GfK fell from August’s minus 11 points to minus 13 points in September. As a result, the index remains entrenched below the 0-point threshold, which indicates that pessimists outnumber optimists.
September’s result partly reflected consumers’ more pessimistic assessments regarding employment prospects and their ability to make large purchases over the next 12 months. In contrast, consumers’ were more optimistic regarding their financial situation over the next 12 months.