Original article by Roy Morgan
Market Research Update – Page: Online : 12-Sep-18
ANZ-Roy Morgan Australian Consumer Confidence eased 1.3% to 116.2 in the week ending 9 September, following two straight weekly rises. Improvements in sentiment toward future finances and current economic conditions were not strong enough to offset falls in the remaining subindices. Households’ perception of current financial conditions fell 4.8% last week, more than reversing a cumulative 1.7% gain over the previous two weeks. Meanwhile, sentiment towards future financial conditions rose 2.1%, its third straight weekly increase. Encouragingly, households’ assessment of current economic conditions bounced 2.1%, entirely reversing the prior week’s fall. Consumers were less optimistic about future economic conditions, however. Their assessment fell 3.5% to 111.5 (versus a long term average of 113.9).
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ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ