Original article by Roy Morgan Research
Market Research Update – Page: Online : 30-Aug-17
ANZ-Roy Morgan Australian Consumer Confidence rose 3.9% to 113.5 in the week ended 27 August 2017, after three straight weekly falls. Sentiment rose across the board, with views towards personal finances showing a particularly solid improvement. Households’ views towards current financial conditions bounced 4.7%, more than reversing the 4.1% fall over the previous two weeks and bringing the index to an 11-week high. Similarly, sentiment around future financial conditions rose a solid 6.4%, following a 5.3% decline in the previous week. Consumers’ views towards current and future economic conditions rose 5.6% and 2.2% respectively. Despite these gains, views toward both current and future economic conditions are well below long-run averages.
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