ANZ-Roy Morgan Australian Consumer Confidence drops 3.6% to 113.6

Original article by Roy Morgan Research
Market Research Update – Page: Online : 26-Oct-16

ANZ-Roy Morgan Australian Consumer Confidence fell 0.3 per cent to 113.6 in the week ended 23 October 2016. The fall was largely driven by a deterioration in consumers’ views toward future financial and economic conditions. Consumers’ views towards their current finances edged down 0.2 per cent, while views towards finances over the next 12 months dropped 7.1 per cent. Households’ views of current economic conditions fell 2.7 per cent, while views towards economic conditions over the next five years fell 4.9 per cent.

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

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