ANZ-Roy Morgan Australian Consumer Confidence softens to 115.7

Original article by Roy Morgan
Market Research Update – Page: Online : 24-Jan-19

ANZ-Roy Morgan Australian Consumer Confidence fell 0.9% to 115.7 in the week ended 20 January, giving back much of the previous week’s gain. The overall index is still above its starting point for 2019, although it is almost 5% lower than its average for January 2018. Households’ views towards current and future financial conditions fell by 0.3% and 2.4% respectively; both indices are around the levels seen this time last year and above long-run averages. Consumers’ views toward current economic conditions gained 3.4%, while future economic conditions fell 0.7%. These indices are 6-8% below the levels that prevailed in January 2018. The ‘time to buy a household item’ sub-index fell 3.2%.

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

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