Original article by Roy Morgan Research
Market Research Update – Page: Online : 8-Nov-17
ANZ-Roy Morgan Australian Consumer Confidence slipped 0.7% to 112.6 in the week ended 5 November 2017, a touch under its long-term average of 112.9. The details were broadly negative, with four out of five sub-indices showing falls. The outlook on economic conditions in the next year rose 2.1%, partially offsetting a 4.5% fall in the previous week. The sub-index on longer-term future economic conditions fell 2.8% to its lowest value in eight weeks. Meanwhile, consumers’ views about current financial conditions eased 0.5% after a solid 5.3% jump the previous week, and the outlook for future financial conditions fell for the third straight week, bringing the index down to its lowest point in 11 weeks.
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ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ