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ANZ-Roy Morgan Australian Consumer Confidence up to 114.7

This weekly ANZ-Roy Morgan Consumer Confidence Rating is based on 1,007 face-to-face interviews conducted Australia-wide with men and women aged 14 and over the weekend March 30/31, 2019.
ANZ-Roy Morgan Australian Consumer Confidence was up by 2.6% last week. The uptick has resulted in the index closing near its one month high.

  • The sub-indices were higher, with the exception of current financial conditions which fell 1.5%. Future financial conditions rose a modest 0.4% after the fall of 3.3% last week.
  • Current economic conditions jumped 8.1% compared to a fall of 0.1% previously. Future economic conditions were up by 1.3%.
  • The ‘time to buy a household item’ showed some strength, gaining 5%. Four-week moving average inflation expectations were stable at 4%, though the weekly reading was down sharply.

ANZ Senior Economist, David Plank, commented:

“Consumers head into the Budget with confidence above average and at the highest level for some weeks. Talk of additional tax cuts and spending may be supporting sentiment. News that job vacancies are continuing to lift may also have provided a boost. There is a lot of news this week that could impact how consumers perceive the outlook, not least the RBA statement and the Budget.”




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

40%-60%

25% or 75%

10% or 90%

5% or 95%

1,000

±3.0

±2.7

±1.9

±1.3

5,000

±1.4

±1.2

±0.8

±0.6

7,500

±1.1

±1.0

±0.7

±0.5

10,000

±1.0

±0.9

±0.6

±0.4

20,000

±0.7

±0.6

±0.4

±0.3

50,000

±0.4

±0.4

±0.3

±0.2