ANZ-Roy Morgan Consumer Confidence consolidates to 120.4

Original article by Roy Morgan
Market Research Update – Page: Online : 4-Jul-18

ANZ-Roy Morgan Australian Consumer Confidence fell 0.8% to 120.4 in the week ended 1 July. Consumers’ views towards current financial conditions rose 2.8% to 109.7, the highest in six weeks. Sentiment around future financial conditions edged up 0.2% following a 6.5% fall previously. Consumers’ views towards current economic conditions fell 6.6%, more than unwinding the previous week’s 5.0% gain. Views towards future economic conditions were down 2.5%, after remaining unchanged the prior week. Despite this, both sub-indices sit above their long-term average. The "time to buy a household item" sub-index rose 1.5%, partially recovering from the 2.3% fall previously.

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

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