Original article by Roy Morgan Research
Market Research Update – Page: Online : 30-Nov-16

ANZ-Roy Morgan Australian Consumer Confidence edged 0.1% lower to 115.4 in the week ended 28 November 2016, with the decline driven by a deterioration in households’ view of their finances. Providing some offset was an improvement in households’ views of the economic outlook. Households’ views of their finances compared to a year ago fell 1.5%, largely reversing the gain over the previous week. Meanwhile, households’ view of their future finances dropped 0.9%. In contrast, after a sharp drop the previous week, households’ views on economic conditions over the next 12 months edged 0.7% higher, while households’ view on the economic outlook in the next five years bounced a solid 3.1%.

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