Original article by Roy Morgan Research
Market Research Update – Page: Online : 22-Feb-17

ANZ-Roy Morgan Australian Consumer Confidence fell 2.3% to 113.7 in the week ended 19 February 2017. Consumer confidence fell for the third straight week, bringing the headline index to its lowest value since December. The fall was driven by a sharp decline in views toward current finances and views on economic conditions over the next five years. Households’ views of current finances fell a sharp 7.5%, bringing the index down to its lowest level since August 2014. However, sentiment towards future finances rose 0.3%. Households’ views of economic conditions over the next 12 months declined by 1.6%, and sentiment regarding economic conditions over the next five years dropped 4.9%.

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