Original article by Roy Morgan
Market Research Update – Page: Online : 23-Oct-19

ANZ-Roy Morgan Australian Consumer Confidence rose 0.6% to 111.6 in the week ended 20 October, after the previous week’s 1.2% drop. Households’ views towards current financial conditions fell 2.4%, and this component is now down nearly 10% from its August high; views towards future financial conditions gained 0.4%, taking this subindex back above its long-term average. Consumers’ views toward current economic conditions gained 0.3%, and views towards future economic conditions declined by 1.1%; both subindices are below their long-term average. The ‘time to buy a major household item’ gained 5.1%, and inflation expectations remained stable at 4.1%.

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