Original article by Roy Morgan Research
Market Research Update – Page: Online : 26-Jul-17

ANZ-Roy Morgan Australian Consumer Confidence rose 2.3% to 115.1 in the week ended 23 July 2017, following an 0.4% fall the previous week. The increase in confidence was driven primarily by an improvement in consumers’ views towards both current and future economic conditions. Households’ views around current financial conditions rose 1.8%, entirely reversing the prior week’s fall. Views towards future financial conditions were less positive, with the sub-index slipping 1.1%. Both sub-indices currently sit above their long-term averages. Consumers’ views towards current economic conditions increased a sharp 7.9%, bringing the sub-index to its highest point in 20 weeks. Views around future economic conditions rose 2.7%, more than offsetting the 1.6% decline in the previous week.

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