Original article by Roy Morgan
Market Research Update – Page: Online : 21-Feb-18
ANZ-Roy Morgan Australian Consumer Confidence fell 3.5% to 115.3 in the week ended 18 February, following a 2.6% decline in the previous week. For the second straight week all sub-indices posted declines, with sentiment around economic conditions dropping sharply. Views towards current economic conditions fell 5.5%, on the back of a 6% decline previously, bringing the sub-index to an eight-week low of 107.0. Similarly, perceptions of future economic conditions took an 8.8% dive to a 13-week low of 106.3. Views towards current and future conditions fell 1.6% and 1.3% respectively, following a 2.6% and 1.8% fall previously. That said, both indices remain above their long-term averages.
ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ