ANZ-Roy Morgan Australian Consumer Confidence consolidates at 122.1

Original article by Roy Morgan
Market Research Update – Page: Online : 20-Jun-18

ANZ-Roy Morgan Australian Consumer Confidence fell 0.7% to 122.1 in the week ended 17 June, following a 5.6% jump the previous week and leaving the index comfortably above its long-term average. Consumers’ views towards current financial conditions fell 4.9%, but remain above the long-term average. Consumers’ views towards future financial conditions rose 3.1%, building on the 1.6% gain in the previous week. Consumers’ views towards current economic conditions fell 3.8% to 110.9, reversing some of the 8.9% gain posted in the previous week, while views towards future economic conditions fell 0.8%. The "time to buy a household item" sub-index rose 1.6% to 146.3, the highest since January 2016 and 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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