“This week’s gain in consumer confidence is pleasing, considering the news flow around the US-China trade war and the resulting equity weakness. Lower interest rates and taxes are undoubtedly helping. Sentiment toward current finances has gained for three consecutive weeks and has risen to its highest level since weekly surveys began in 2008. This has been sufficient to push overall confidence back above its long-run average. We think the divergence between financial and economic sentiment can be sustained, so long as the labour market remains solid. Also of note is the lift in inflation expectations for the week, to back above 4%.”
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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.
ANZ-Roy Morgan Australian Consumer Confidence fell 2.3% last week, closing below the long-term average.
Consumer confidence fell 6 points in July to 116, below the historical average.
In July 2019 Roy Morgan Indonesian Consumer Confidence increased by 1.6pts from June to 160.2. This is 2.9pts higher than a year ago in July 2018 (157.3) and a significant 23.1pts above the long-run average (2005-2019) of 137.1.
Confidence fell marginally by 0.3% last week, consolidating at an above average level.
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The media landscape in Australia is in an unprecedented state of disruption and change as digital media continues to upend established norms and business practices at a level we’ve never seen before. However, there is a ‘hard’ currency that remains constant that drives consumers to return to, or reject, brands and channels and that is Trust and Distrust.
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.
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%