ANZ’s Head of Australian Economics, David Plank, commented:
“Confidence plunged by 6% last week, bringing the index to its lowest level since September 2017. There was no glimmer of better news in the subindices, with all confidence measures down sharply. Loss of Liberal stronghold Wentworth may have highlighted political uncertainty in the public mind. Higher petrol prices may also be impacting sentiment. Certainly there was no cheer from the favourable labour market numbers released last week. There are no local data of note released this week, which will provide clear air for even more focus than usual on political developments – as if an excuse was needed.”
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ANZ-Roy Morgan Australian Consumer Confidence fell by 0.7% last week, reversing the gain of 0.7% in the previous week. All the sub-indices were negative other than the ‘time to buy a household item’.
Consumer confidence was unchanged in September, around its historical average.
Roy Morgan Indonesian Consumer Confidence is up 2.2pts to 160.4 in September 2018 and is now at its highest since November 2014 (161.4). Consumer Confidence is now 10pts higher than a year ago in September 2017 (150.4) and 24.7...
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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%