Original article by Roy Morgan Research
Market Research Update – Page: Online : 19-Jul-17

ANZ-Roy Morgan Australian Consumer Confidence edged down 0.4% to 112.5 in the week ended 16 July 2017, following a 1.3% fall the previous week. The details were mixed. Consumers were quite optimistic about their financial conditions next year, but were less upbeat towards the current financial situation. Households’ views around current financial conditions fell 1.8%, following two straight weekly rises. Views towards future conditions were more upbeat, with the sub-index rising a solid 3.7%. Both sub-indexes remain close to their long-term averages. Consumers’ views towards current economic conditions remained unchanged, but views around future economic conditions fell 1.6%, following a 2.5% decline previously. Both sub-indexes remain under their long-term averages.

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