Original article by Roy Morgan Research
Market Research Update – Page: Online : 9-Nov-16
ANZ-Roy Morgan Australian Consumer Confidence rose 3.2 per cent to 117.8 in the week ended 7 November 2016, entirely offsetting the decline over the previous two weeks. The bounce in consumer confidence was underpinned by a strong rise in the economic outlook sub-indices. Households’ view on economic conditions over the next 12 months jumped a sharp 7.8 per cent while views towards economic conditions over the next five years rose 5.2 per cent. Meanwhile, consumers’ views towards their finances compared with a year ago rose a solid 3.0 per cent, while households’ views towards their current finances edged 1.7 per cent higher
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