ANZ-Roy Morgan Consumer Confidence firms to 119.8

Original article by Roy Morgan
Market Research Update – Page: Online : 1-Aug-18

ANZ-Roy Morgan Australian Consumer Confidence increased in the week ending 29 July, rising 0.8% to 119.8, with four out of five sub-indices posting gains. Households’ views towards current financial conditions bounced 2.9% last week, more than recovering the 1.9% fall in the previous week. Similarly, households were also more optimistic about future financial conditions, which increased 2.3%. Consumers’ assessment of current economic conditions jumped 4.1% to 112.0, entirely reversing the 3.8% fall in the prior week. Views towards future economic conditions edged up 0.3%. Going the other way the ‘time to buy a household item’ subindex tumbled 4.3% to 136.9, its lowest point in eight weeks.

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

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