ANZ-Roy Morgan Consumer Confidence virtually unchanged at 114.3

Original article by Roy Morgan
Market Research Update – Page: Online : 26-Jun-19

ANZ-Roy Morgan Australian Consumer Confidence rose 0.1% to 114.3 in the week ended 23 June. Households’ views towards current financial conditions rose 4.7%, while views towards future financial conditions were up 0.2%. Both financial condition sub-indices have been positive for two straight weeks. However, consumers’ views toward current economic conditions fell 6.9% and views toward future economic conditions were down 5%. Both sub-indices are below their long-term averages. The ‘time to buy a household item’ index jumped 6.1%. It has not been above its current level since July 2018. The four-week moving average for inflation expectations rose to 3.9%.

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

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