Consumer confidence stabilising

De Nard: We can expect to see confidence level normalising as people adjust to the ‘new normal’ under this new administration, barring any extraordinary events that could cause material shifts in confidence level.

PETALING JAYA: Confidence level among consumers in the country may stabilise this year after hitting an all-time high in the third quarter of 2018.

Based on Nielsen’s latest findings in collaboration with The Conference Board Global Consumer Confidence Survey, Malaysia was ranked sixth globally on the Consumer Confidence Index (CCI), with an index score of 115 points in the first quarter of 2019, in-line with last quarter’s score of 118 points.