consumer

Consumers’ overall confidence outlook rose in the third quarter of 2019, as more consumers were optimistic in their outlook. The Central Bank of Nigeria (CBN), stated this in its “Consumer Expectations Survey Report for Third Quarter 2019,” a copy of which was posted on its website.

According to the report, the index at 3.8 points was 2.3 points higher than the index in the corresponding period of 2018.

Respondents attributed the favourable outlook to improved family income and family financial situation.

Furthermore, the report showed that consumer outlook for the next quarter and the next 12 months were …