ANZ-Roy Morgan Australian Consumer Confidence bounces, up 0.9pts to 116.0

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

ANZ-Roy Morgan Australian Consumer Confidence rose 0.8% to 116.0 in the week ended 15 April, ending a string of weekly declines. Although the headline increase was modest, the detail was more encouraging, with four out of five sub-indices posting gains. Views towards current financial conditions rose 4.6%, after three successive falls. Views towards future conditions bounced 3.5%, entirely reversing the previous week’s fall. Sentiment toward both current and future economic conditions continued to recover, rising 0.5% and 0.9% respectively, following similar gains in the previous week. The current conditions sub-index has risen to 103.9 after falling to its long-term average of 101.9 in the last week of March.

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

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