According to the Statistics Office, the consumer confidence index dropped in September by five percentage points on the month before and by six points on the same month a year ago.
Falling for the third consecutive month, the index lost ten percentage points, although it is still eleven points above the long-term average.
The monthly decline was driven by faltering expectations about the state of the economy (-9 points), options for savings (-6 points) and household finances (-5 points). The outlook for jobs has not changed.
Consumers' opinion about the current state of the national economy has worsened by 16 percentage points since peaking in January, while the expectations about its future state faltered by as much as 26 points.
Pessimistic expectations about the economy also suppressed the index at the annual level, falling by as much as 20 points. The outlook for jobs also declined at the annual level, by seven points.
Meanwhile, expectations about savings options improved by two percentage points year-on-year and the expectations about household finances remained flat.
