Original article by Roy Morgan
Market Research Update – Page: Online : 8-Aug-18

ANZ-Roy Morgan Australian Consumer Confidence fell 0.8% to 118.9 in the week ended 5 August, entirely reversing the previous week’s gain. Consumers’ views towards current financial conditions rose 0.5%, on the back of a 2.9% increase in the previous week, but sentiment around future financial conditions fell 1.3%. Consumers’ assessment of current economic conditions declined 2.7%, partially unwinding the 4.1% gain in the previous week. Meanwhile, views towards future economic conditions were up 1.4%, following a 0.3% rise in the previous week. The "time to buy a household item" subindex fell 1.7% to its lowest point in 16 weeks.

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