Original article by Roy Morgan Research
Market Research Update – Page: Online : 20-Sep-17

ANZ-Roy Morgan Australian Consumer Confidence bounced 4.6% to 114.8 in the week ended 17 September 2017, more than offsetting the loss over the previous week. The strength in the index was broadly based, with four out of five indicators rising. The index is currently at the highest level in eight weeks. Consumers’ views towards current and future economic conditions surged, up 5.8% and 12.9% respectively. This broadly offset the sharp falls over the previous week. However, the four-week moving average aggregate economic conditions index remains well below its long-run average. Households’ views towards current financial conditions rose 2.6%, bringing the index to the highest level in 15 weeks. In contrast, confidence around future financial conditions slipped, down 0.3%. The four-week moving average aggregate financial conditions’ index has edged above its long term average and seems to be showing some momentum.

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