Original article by Roy Morgan
Market Research Update – Page: Online : 25-Jul-18

ANZ-Roy Morgan Australian Consumer Confidence fell 2.1% to 118.9 in the week ended 22 July, to its lowest value in seven weeks. Households’ views towards current financial conditions fell 1.9%, more than reversing the 1.5% bounce in the previous week. Similarly, households were also less optimistic about future financial conditions, which fell 1.4%. Consumers’ assessment of current economic conditions weakened by 3.8%, more than unwinding the cumulative 2.8% rise of the previous two weeks. Views towards future economic conditions declined 3.9% to 112.7. Both subindices are at their lowest points in seven weeks. The "time to buy a household item" subindex was flat (-0.1%), holding on to its 2.4% gain in the previous week.

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