ANZ-Roy Morgan Consumer Confidence ends its six week streak, down 3.2% to 117.7

Original article by Roy Morgan
Market Research Update – Page: Online : 30-May-18

ANZ-Roy Morgan Australian Consumer Confidence fell 3.2% to 117.7 in the week ended 27 May, after six straight weekly gains. Households’ views towards current financial conditions fell 2.7%, entirely reversing gains over the previous two weeks. Views towards future financial conditions fell 4.1% to 122.5, the lowest since November. Sentiment around current economic conditions eased 2.4% following no change previously. Views towards future economic conditions fell 2.5%, adding to the 1.9% loss in the previous week. The "time to buy a household item" sub-index dropped 3.9%, more than reversing the previous week’s rise of 2.6%.

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

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