ANZ’s Senior Economist, Felicity Emmett, commented:
“Confidence was broadly unchanged over the past week, remaining well below average. The strong February labour market report, showing further modest jobs growth and a tick down in the unemployment rate, failed to lift sentiment. With persistent weakness in the housing market, and little good news from offshore, either on the economic or geopolitical front, households seem fairly downbeat. Whether this is a new normal or a temporary lull remains to be seen.”
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ANZ-Roy Morgan Australian Consumer Confidence lifted by 2.2% after a fall of 4.6% last week. The index is still below the long term average of 113.1.
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ANZ-Roy Morgan Australian Consumer Confidence nosedived to 109.5, a fall of 4.6% from the previous week’s reading. All the sub-indices were in the negative, with three components falling more than 5%. The decline has also re...
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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%