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.
ROY MORGAN RESEARCH LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ