ANZ-Roy Morgan Australian Consumer Confidence ends 2017 on a high at 116.5

Original article by Roy Morgan
Market Research Update – Page: Online : 20-Dec-17

ANZ-Roy Morgan Australian Consumer Confidence rose 1.2% to 116.5 in the week ended 17 December. The details were positive, with all sub-indices except "time to buy a household item" posting gains. Sentiment towards both current and future economic conditions rose for the third straight week (2.4% and 1.1% respectively). This and other gains are indicative of the sustained turnaround in overall sentiment since the low for the year in August. Views towards current financial conditions jumped a solid 3.6%, more than offsetting the 2.7% fall previously. Views towards future financial conditions improved 0.5%, following a 2.8% fall in the previous week. Both sub-indices currently sit above their long-term averages.

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

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