Original article by Roy Morgan
Market Research Update – Page: Online : 2-May-18
ANZ-Roy Morgan Australian Consumer Confidence rose 0.7% to 119.2 in the week ended 29 April, its highest value in 11 weeks. Households’ views toward current financial conditions bounced 1.7% following a 2.4% decline previously. Views towards future conditions edged up 0.2%, the third straight weekly increase. Both sub-indices remain above their long-term averages. Consumers continued to be optimistic about year-ahead economic conditions, with sentiment rising a solid 3.9% after a similar rise in the previous week. Views towards future conditions were more restrained. This sub-index slipped 0.7%, partially reversing the previous week’s 3.2% rise. The "time to buy a household item" sub-index eased 0.9% off a solid 4.1% bounce previously. Inflation expectations remained steady at 4.4% on a weekly basis.
ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ