Original article by Roy Morgan Research
Market Research Update – Page: Online : 27-Sep-17
ANZ-Roy Morgan Australian Consumer Confidence eased 0.6% in the week ending 24 September. The moderation in confidence was driven by a solid decline in views towards future economic conditions, which was somewhat offset by an increase in the "time to buy a major household item" index. The remaining sub-indices showed little change. Consumers’ views towards current economic conditions remained unchanged (+0.1%). Meanwhile, consumers seem less optimistic about future economic conditions, with the sub-index falling 6.5%. The four-week moving average aggregate economic conditions index remains well below its long-run average. Similarly, households’ views towards current financial conditions showed little change (+0.1%), while confidence around future financial conditions slipped 0.8%. The four-week moving average aggregate financial conditions index has risen above its long-term average through September.
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ