Original article by Roy Morgan Research
Market Research Update – Page: Online : 28-Jun-16

ANZ-Roy Morgan Australian Consumer Confidence fell 1.9 per cent to 116.8 in the week ending 26 June 2016, only partially offsetting the rise the previous week. Despite the turmoil in global financial markets – driven by the surprise result in the UK referendum – households remain optimistic about their finances and the economic outlook. Last week’s easing in confidence was largely driven by a deterioration in consumers’ views towards the economic outlook. The indicator on "finances compared to a year ago" fell 2.3 per cent, and views towards "economic conditions in the next 12 months" fell nine per cent.

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ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ