ANZ-Roy Morgan Australian Consumer Confidence tumbles to 114.1

Original article by Roy Morgan
Market Research Update – Page: Online : 13-Feb-19

ANZ-Roy Morgan Australian Consumer Confidence 3.4% to 114.1 in the week ended 10 February, taking the index to a three-month low. Households’ views towards current financial conditions fell 7.1%, taking the subindex back to where it was in November, but still quite some way above the long-run average. Households’ views towards future financial conditions fell by a more subdued 1.6%. Meanwhile, consumers’ views toward current economic conditions fell by 3.2%, its first fall after three straight weekly gains, while future economic conditions fell by 3.8%. The ‘time to buy a household item’ sub-index fell 1.6%, its fourth straight weekly loss and taking it back to where it was at the end of October.

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

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