ANZ-Roy Morgan Consumer Confidence down to 112.8

Original article by Roy Morgan
Market Research Update – Page: Online : 21-Aug-19

ANZ-Roy Morgan Australian Consumer Confidence fell 2.3% to 112.8 in the week ended 18 August, closing below the long-term average. Households’ views towards current financial conditions rose 0.2%, and views towards future financial conditions gained 0.6%. However, consumers’ views toward current economic conditions fell 3.8%, and views toward future economic conditions fell 7.9%; both of the economic subindices are now below their respective long-term average. The ‘time to buy a major household item’ index fell 1.4%, its third consecutive decline; the four-week moving average for inflation expectations fell 0.1ppt to 3.9%

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

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