ANZ-Roy Morgan Consumer Confidence up across the board to 123.0

Original article by Roy Morgan
Market Research Update – Page: Online : 14-Jun-18

ANZ-Roy Morgan Australian Consumer Confidence rose 5.6% to 123.0 in the week ended 10 June, following a 1.0% decline in the previous week. Consumers’ views towards current financial conditions rose 3.9% to 109.1, partially reversing the cumulative 4.7% decline over the last two weeks. Consumers also remain optimistic about future financial conditions, which were up 1.6% on the back of a 3.3% rise in the previous week. Consumers’ views towards current economic conditions rose 8.9%, following two successive weekly declines. This sub-index is currently at its highest point in 18 weeks. Similarly, households’ views towards future economic conditions rose 8.7% to 118.0, the highest since November 2013. The "time to buy a household item" sub-index rose 5.7% to 144.0 and remains well above its long-term average of 134.0.

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

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