Original article by Roy Morgan Research
Market Research Update – Page: Online : 8-Feb-17

ANZ-Roy Morgan Australian Consumer Confidence fell slightly by 0.5% to 117.5 in the week ended 5 February 2017. A solid rise in the future economic outlook was entirely offset by a drop in the current finances and "now is a good time to buy a household item" sub-indices. Households’ views towards current and future finances fell 3.4% and 0.2% respectively. Both indicators remain well above their long run averages, though households’ assessment of their current situation is back to mid-2016 levels. Households’ views of economic conditions over the next 12 months edged up another 0.3%, after a sharp 5.4% rise last week, bringing the index to its highest level in nine weeks. Households’ views of economic conditions over the next five years posted a solid 4.7% rise, more than offsetting last week’s 3.0% decline.

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