Original article by Roy Morgan Research
Market Research Update – Page: Online : 3-May-17
ANZ-Roy Morgan Australian Consumer Confidence was virtually unchanged in the week ending 29 April 2017, rising from 111.2 to 111.3. Consumer confidence is now just below its long-run average. The uptick in confidence was underpinned by some improvement in households’ views towards the economic outlook. After falling sharply the previous week, households’ expectations for economic conditions in the next 12 months rose 2.0%, while expectations for economic conditions over the next five years rose 0.7%. Households’ views towards their finances were mixed: sentiment about current finances rose 2.6%, while views about future finances fell 3.6%.
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ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ