ANZ-Roy Morgan Australian Consumer Confidence declining again – down 2.2pts to 112.6

Original article by Roy Morgan Research
Market Research Update – Page: Online : 20-Apr-17

Headline ANZ-Roy Morgan Australian Consumer Confidence fell 1.9% to 112.6 in the week ended 16 April 2017, partly reversing the previous week’s gain. This dragged the index back down below its long run average. The performance of the sub-indices was largely negative, with only one of the five sub-indices recording a rise. Households’ expectations for economic conditions over the next year fell 1.9%, while expectations for economic conditions over the next five years dropped a sharp 4.1%, to be at its lowest level since September 2015. Households’ views towards their current finances fell a modest 0.7%, while views about future finances improved 2.7%, to the highest level since February.

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

Leave a comment