Original article by Roy Morgan Research
Market Research Update – Page: Online : 15-Jun-17

ANZ-Roy Morgan Australian Consumer Confidence remained unchanged at 112.9 in the week ended 11 June 2017, following the release of the disappointing GDP result for the March quarter. The headline number masked significant changes in the sub-indices. Household expectations of current economic conditions dropped a sharp 5.2% last week, almost entirely unwinding gains made over the last three weeks. Views towards future economic conditions also declined 2.6%, following a 3.2% fall in the previous week. This sub-index currently sits at its lowest level since September 2015. However, household views around current financial conditions jumped 9.4%, bringing the index to its highest level in 14 weeks. Views towards future conditions also improved, rising 1.5% last week following a 2.7% rise the previous week.

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