ANZ-Roy Morgan Consumer Confidence slips to 118.2

Original article by Roy Morgan
Market Research Update – Page: Online : 15-Aug-18

ANZ-Roy Morgan Australian Consumer Confidence fell 0.6% to 118.2 in the week ended 12 August, following a 0.8% decline in the previous week. Consumers’ views towards current financial conditions fell 1.0%, only partially offsetting the cumulative 3.5% rise over the previous two weeks. However, views towards future financial conditions rose 2.6% to the highest point in eight weeks. Consumers’ assessment of current economic conditions declined another 1.7%, on the back of a 2.7% fall in the previous week. Views towards future economic conditions fell 0.3%, although this followed a 1.4% increase in the week prior. The "time to buy a household item" subindex slipped 2.5%, its fourth consecutive weekly fall.

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

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