Canadian consumer confidence held steady for a third-straight quarter, Decima Research and Investors Group said Wednesday as they released their latest survey.

Based on a February poll of 2,038 consumers across the country, the research group and the mutual fund company said their confidence index stands at 88.0, unchanged since November when the survey was last conducted.

“Steady consumer confidence at this level is good news for the Canadian economy; although fuel prices are high, we have not experienced any traumatic economic or geopolitical surprises to upset consumer confidence,” said Charles Feaver, vice-president of research for Investors Group.

Decima and Investors Group said the consumer expectations about the future of the economy showed a decrease of 0.5 points to 85.1 across the country.