ANZ-Roy Morgan Consumer Confidence up to 121.5

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

ANZ-Roy Morgan Australian Consumer Confidence rose 1.2% to 121.5 in the week ended 15 July, following four straight weekly declines. Consumers’ views towards current financial conditions rose 1.5%, partially recovering from the 2.7% decline in the previous week. Sentiment around future financial conditions rose 0.5% on the back of a 1.5% rise in the previous week. Households’ assessment of current economic conditions was broadly flat (0.2%), following a solid 2.7% rise previously. Consumers’ views towards future economic conditions improved 1.2%. Both subindices sit above their long-term averages. The "time to buy a household item" subindex bounced 2.4%.

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

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