ANZ-Roy Morgan Australian Consumer Confidence moderates after recent strength down 1.4pts to 115.0

Original article by Roy Morgan Research
Market Research Update – Page: Online : 29-Nov-17

ANZ-Roy Morgan Australian Consumer Confidence declined in the week ending 26 November, easing 1.2% to 115.0. However, confidence remains above the long term average of 112.9. Three out of five sub-indices posted falls, including both current and future economic conditions. Households’ views towards both current and future economic conditions slipped 3.4% and 3.3% respectively, after two weeks of solid gains. Household views toward the state of their current finances slipped for the fourth consecutive week, down 2.3%, while sentiment around the ‘time to buy a household item’ improved 0.5%, bringing this sub-index back to its long term average (133.8).

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

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