ANZ-Roy Morgan Consumer Confidence firms to 117.7

Original article by Roy Morgan
Market Research Update – Page: Online : 5-Sep-18

ANZ-Roy Morgan Australian Consumer Confidence firmed 1.0% to 117.7 in the week ending 2 September, on the back of a 2.1% bounce in the prior week. The headline increase was primarily driven by a sharp rise in the ‘time to buy a household item’ subindex. Households’ perception of current financial conditions improved 0.5% last week, adding to a 1.2% bounce in the previous week. Similarly, sentiment towards future financial conditions edged up 0.2% last week, following a 3.1% rise in the prior week. The ‘time to buy a household item’ subindex posted a sharp 5.2% rise last week, ending a streak of weekly declines. Four-week moving average inflation expectations were unchanged at 4.3%.

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

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