ANZ-Roy Morgan Consumer Confidence down to 109.9

Original article by Roy Morgan
Market Research Update – Page: Online : 20-Nov-19

ANZ-Roy Morgan Australian Consumer Confidence fell 1.1% to 109.9 in the week ended 17 November. Households’ views towards current financial conditions fell 2.6%, while views towards future financial conditions declined by 4.9%; both these subindices are near their multi-year lows. However, consumers’ views toward current economic conditions rose 0.3% and views towards future economic conditions gained 0.2%. The ‘time to buy a major household item’ index gained 0.4% after falling 3.9% in the previous week. The four-week moving average of inflation expectations declined by 0.1ppt to 3.9% as the weekly reading fell to 3.8%, its lowest level since the end of June.

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

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