Original article by Roy Morgan Research
Market Research Update – Page: Online : 4-Oct-17
ANZ-Roy Morgan Australian Consumer Confidence slipped 0.6% to 113.4 in the week ended 1 October 2017. The detail was mixed; sentiment towards economic conditions improved, but this was more than offset by a fall in households’ views of their own finances. Consumers were more optimistic about both current and future economic conditions (up 2.5% and 2.0% respectively). Views towards current economic conditions have improved since the low point in May; however, sentiment towards both current and future conditions remains below long-run averages. Households’ views towards both current and future financial conditions fell 1.6%. Still, both sub-indices are showing some resilience and remain above their long- term averages.
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ