April 19, 2022

Consumer Confidence Decreases Across All Sub‐Indices

by Jharonne Martis.

“This month’s Refinitiv/Ipsos Primary Consumer Sentiment Index finds that in the wake of continued inflationary pressure, rising interest rates, and the war in Ukraine, American’s sentiment has declined across the board” Chris Jackson of Ipsos states. “Overall consumer confidence and each of the four subindices is lower than last month. However, the decline in the jobs index is less severe than other indicies, possibly due to March’s strong jobs report.”

Jharonne Martis, Director of Consumer Research at Refinitiv, said, “The Refinitiv Retail/Restaurant Index posted a robust 48.6% estimated earnings growth rate for the fourth quarter ending 2021. However, this is expected to decline to a ‐3.6% for the first quarter of 2022, suggesting consumer spending has slowed down in the wake of higher inflation.”

To download the full report, click here.

Report Topics

Get In Touch

Subscribe

Related Reports

So far, 134 of the companies in our Retail/Restaurant Index have reported their EPS ...

“This month's Refinitiv/Ipsos Primary Consumer Sentiment Index finds that after a lull ...

Even as supply chain disruptions continue to weigh on retailers, the impact of soaring ...

Ninety-nine percent of companies in our Retail/Restaurant Index have reported Q4 2021 ...

We have updated our Privacy Statement. Before you continue, please read our new Privacy Statement and familiarize yourself with the terms.×