Back
Economy - Reports
Urban consumer sentiments optimistic amid economic turnarounds
08-Oct-2026, 05:19
Reserve Bank published findings from the September 2026 installment of its bi-monthly urban consumer confidence survey (UCCS). The survey gauges households' present assessments (relative to a year prior) and one-year-ahead projections concerning the general economic environment, employment trends, the aggregate price level, household income, and expenditure. Assessments of household confidence for the current period saw a slight decline, with the Current Situation Index (CSI) registering 87.9, down from 88.3 in the prior survey. Consumer expectations for the coming year remained positive, though with a minor reduction in the Future Expectations Index (FEI). Consumer sentiment indicates optimism regarding income and spending, balanced against some reservations concerning the economic situation, employment, and prices in the future.
Reserve Bank published findings from the September 2026 installment of its bi-monthly urban consumer confidence survey (UCCS). The survey gauges households' present assessments (relative to a year prior) and one-year-ahead projections concerning the general economic environment, employment trends, the aggregate price level, household income, and expenditure. Assessments of household confidence for the current period saw a slight decline, with the Current Situation Index (CSI) registering 87.9, down from 88.3 in the prior survey. Consumer expectations for the coming year remained positive, though with a minor reduction in the Future Expectations Index (FEI). Consumer sentiment indicates optimism regarding income and spending, balanced against some reservations concerning the economic situation, employment, and prices in the future.