Original article by Roy Morgan Research
Market Research Update – Page: Online : 15-Sep-17
The ANZ-Roy Morgan Consumer Confidence Index lifted from 126.2 to 129.9 in September 2017, which is its highest level since July 2014. After adjusting for seasonality, the index rose by 2 points to also be at its highest level since July 2014. The Current Conditions Index lifted 2.4 points to 127.3, while Future Conditions lifted 4.5 points to 131.6. Meanwhile, a net 19% of consumers feel financially better off than a year ago, a reading that has soared to the highest level since December 2007. Net optimism towards the economy one year out lifted from +25 to +30, and when assessing the five-year outlook, optimism lifted from +21 to +29.
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ