Original article by Roy Morgan Research
Market Research Update – Page: Online : 19-Jan-16
The ANZ-Roy Morgan Consumer Confidence rating for Australia fell by 0.8 per cent to 113.2 in the week ended 17 January 2016, following a 1.9 per cent fall in the previous week. Further losses on the sharemarket amid ongoing concerns about China’s economic growth prospects are likely to have weighed on consumer confidence. The sub-index on the "economic outlook in the next 12 months" fell by 7.5 per cent, and it is now is now at its lowest level since Malcolm Turnbull became Prime Minister. Meanwhile, the sub-index on "finances compared to a year ago" rose by 8.6 per cent.
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