ANZ-Roy-Morgan Consumer Confidence drops after RBA leaves interest rates unchanged

Original article by Roy Morgan
Market Research Update – Page: Online : 15-May-19

ANZ-Roy Morgan Australian Consumer Confidence fell 2.1% to 114.8 in the week ended 12 May, closing below its four-week moving average but remaining above the long-term average. Households’ views towards current financial conditions rose 2%, while views towards future financial conditions rose 1.4%. However, consumers’ views toward current economic conditions fell a massive 8.1%, continuing their recent volatile pattern, and future economic conditions fell 3.3%. The ‘time to buy a household item’ index fell 2.5%.

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

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