Original article by Roy Morgan Research
Market Research Update – Page: Online : 12-Jul-17

ANZ-Roy Morgan Australian Consumer Confidence slipped 1.3% to 113.0 in the week ended 9 July 2017, following a 2.4% rise the previous week. The details were mixed. Consumers were less optimistic about economic conditions but relatively more upbeat about their current finances. Households’ views around current financial conditions continued to climb last week, (up 1.4%) after a solid 3.8% rise previously. Consumers were less optimistic about future financial conditions, however. This sub-index fell 0.8% last week, entirely unwinding its previous rise. Confidence around current economic conditions fell 6.2%, largely reversing gains over the previous three weeks. Views around future economic conditions fell 2.5%. This sub-index remains below its long-term average.

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