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ANZ-Roy Morgan Australian Consumer Confidence rises to 119.5

This weekly ANZ-Roy Morgan Consumer Confidence Rating is based on 989 face-to-face interviews conducted Australia-wide with men and women aged 14 and over the weekend October 13/14, 2018.
ANZ-Roy Morgan Australian Consumer Confidence rose by 1.9% last week, bringing the index to its highest level since late July.

  • Households’ perception of current financial conditions rose 3.3% last week, while sentiment regarding the future financial situation rose by 0.9%.
  • Sentiment towards current economic conditions fell by 1.9%, while future economic conditions jumped by 3.3%. Both these indices fell last week.
  • The ‘time to buy a household item’ sub-index registered its third consecutive weekly gain, increasing by 3.6%. Four-week moving average inflation expectations edged higher at 4.4%.

ANZ’s Head of Australian Economics, David Plank, commented:

“Confidence rose by 1.9% this week, pushing it to its highest level since late July and above the average for 2018 as a whole. This rise in confidence came despite ongoing strength in petrol prices as well as sharp weakness in equity markets. Regardless, the key takeaway is that consumer sentiment remains resilient despite a number of potentially negative influences. With the strength in the labour market providing clear support to confidence, this week’s employment numbers will be closely watched.”

Click here to download the latest weekly ANZ-Roy Morgan Australian Consumer Confidence PDF.

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Related Research Reports

The latest Roy Morgan Consumer Confidence Monthly Report is available on the Roy Morgan Online Store. It provides demographic breakdowns for Age, Sex, State, Region (Capital Cities/ Country), Generations, Lifecycle, Socio-Economic Scale, Work Status, Occupation, Home Ownership, Voting Intention, Roy Morgan Value Segments and more.

You can also view our monitor of Monthly Australian Unemployment & Under-employment Estimates.

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Roy Morgan is the largest independent Australian research company, with offices throughout Australia, as well as in Indonesia, the United States and the United Kingdom. A full service research organisation specialising in omnibus and syndicated data, Roy Morgan has over 70 years’ experience in collecting objective, independent information on consumers.

Margin of Error

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.

Sample Size

Percentage Estimate


25% or 75%

10% or 90%

5% or 95%