International economic turmoil has eroded Canadian consumer confidence for a fourth straight month, an international tracking agency reported Thursday. The TNS Canada group uses its own index in monthly survey of 1,015 adults throughout the country, where 100 or above indicates optimism. It reported its confidence index fell to 95.2 this month from 100.3 in June. TNS Vice President Norman Baillie-David said most of the pessimism is sourced outside the country. "The global economy has had nothing good to offer Canadian consumers in terms of news, and the result is that our confidence continues to suffer," he said. "Canadians certainly don't see the end of these problems any time soon, and the fear now is that the downward slide in confidence will cause Canadians to tighten their holiday spending plans, which will serve to bring the world's problems home to the Canadian economy." The survey was conducted between Oct. 3 and Oct. 17 and has a 3.1 percent margin of error, the release said.
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor