Original article by Roy Morgan
Market Research Update – Page: Online : 31-Jan-18

ANZ-Roy Morgan Australian Consumer Confidence rose 1.3% to 120.9 in the week ended 28 January. Results were mixed at a disaggregated level, with three out of five sub-components showing an increase. Consumers grew more optimistic about both current and future economic conditions, with the indices rising by 4.0% and 4.2% respectively. Both series reversed losses from the previous week and are sitting comfortably above their long-term averages. Indeed, sentiment toward future economic conditions is the highest since late 2013. Views towards financial conditions were mixed, with the current sub-index extending its losses from the previous week, falling a further 1.6% to 103, while future finances rose slightly by 0.5% to 126.8 after two consecutive weekly falls.

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