ANZ’s Head of Australian Economics, David Plank, commented:
“Confidence fell slightly last week, retracing the gain of the previous week and extending the sawtooth pattern of the past month or so. News of weaker house prices and the sharp fall in building approvals last week likely added to the negative impact of rising petrol prices and offset more encouraging retail and trade data. Overall, we are encouraged by the resilience of consumer sentiment in the face of the negative impact of higher petrol prices in particular – especially when we take into account the extensive media coverage the rise in petrol is attracting."
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ANZ-Roy Morgan Australian Consumer Confidence rose by 0.8% last week, reversing the fall of 0.7% in the previous week. All the sub-indices were positive other than the future financial situation.
Consumer confidence was little changed in August, sitting around its historical average.
Roy Morgan Indonesian Consumer Confidence is up 0.9pts to 158.2 in August 2018 and now at its highest since November 2014 (161.4). Consumer Confidence is also 6.5pts higher than a year ago in August 2017 (151.7) and 22.6pts abo...
ANZ-Roy Morgan Australian Consumer Confidence fell by 0.7% last week, partially reversing the rise of 1.5% in the previous week. The fall was due to the declines in sentiment regarding economic conditions and buying a major hou...
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The margin of error to be allowed for in any estimate depends mainly on the number of interviews on which it is based. Margin of error gives indications of the likely range within which estimates would be 95% likely to fall, expressed as the number of percentage points above or below the actual estimate. Allowance for design effects (such as stratification and weighting) should be made as appropriate.
25% or 75%
10% or 90%
5% or 95%