Original article by Roy Morgan Research
Market Research Update – Page: Online : 29-Jul-14
The ANZ-Roy Morgan Consumer Confidence rating for Australia rose by 2.4 per cent to 116.2 in the week ended 27 July 2014. Consumer confidence has now completely retraced the sharp deterioration seen in the weeks around the Federal Government’s May 2013 Budget. While the recent improvement in confidence is an encouraging sign, ANZ’s base case remains that consumer spending growth will remain moderate in 2014, before improving in 2015 as the non-mining recovery gathers momentum
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