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positive territory

Strong demand for food drives Consumer Demand Index significantly up!

Posted Thu, 12/10/2009 by Jørn Thulstrup

The Consumer Demand Index is back in positive territory and significantly above November 2008, driven by a strong demand for food and grocery store items. The CDI is up to +8 points from –13 in November last year. The food index is at its highest level since February 2008. The CDI’s three-month moving average is at its highest level since September 2008.  Data for the November survey was collected from the 18th to 22nd of November.

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