ANZ-Roy Morgan Consumer Confidence bounces from historical low to 71.9

Original article by Roy Morgan
Market Research Update – Page: Online : 8-Apr-20

ANZ-Roy Morgan Australian Consumer Confidence rose 10.1% to 71.9 in the week to 5 April; this was the biggest gain since the survey shifted to a weekly basis in 2008. Current economic conditions rose by 24.6%, although this subcomponent is still 50% below its level of six weeks ago. Current financial conditions gained 8.8%, while future financial conditions rose 11.4%. The Time to buy a major household item subcomponent gained 17.5%, following a drop of 23.8% previously. The four-week moving average for inflation expectation was stable at 4.1%, but the weekly reading dipped to 4.1% from 4.3%.

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

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