ANZ-Roy Morgan Consumer Confidence slips down to 116.5

Original article by Roy Morgan
Market Research Update – Page: Online : 6 June May 2018

ANZ-Roy Morgan Australian Consumer Confidence fell 1.0% to 116.5 in the week ended 3 June, following a 3.2% decline in the previous week. Consumers’ views towards current financial conditions fell 2.0% to 105.0, the lowest in eight weeks. However, consumers were more optimistic about future financial conditions, which were up 3.3% following a 4.1% decline previously. Views towards current economic conditions fell 4.2% to 105.9, although this subindex remains above its long-term average of 102.0. Similarly, sentiment around future economic conditions fell for the third straight week, down 3.4% to 108.6 and the lowest in eight weeks.

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

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