ANZ-Roy Morgan Consumer Confidence on six week streak

Original article by Roy Morgan
Market Research Update – Page: Online : 23-May-18

ANZ-Roy Morgan Australian Consumer Confidence rose 0.7% to 121.6 in the week ended 20 May, to its highest level in 15 weeks. Households’ views towards current financial conditions rose 2.0% to110.1, the highest in 12 weeks. Views towards future financial conditions were up a modest 0.6%, following a 1.4% rise the previous week. Both subindices remain above their long-term averages. Sentiment around current economic conditions showed no change after a solid 2.4% increase in the previous week. However, views towards future economic conditions eased 1.9%, partially unwinding the previous week’s 3.7% rise. The "time to buy a household item" subindex rose 2.6%.

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

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