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"Spurred by weakness in economic conditions and the ‘time to buy a household item,’ sub-index, overall consumer confidence fell further and is now at its lowest level in more than four years. The weakness continues to be driven by a very pessimistic economic outlook. Indeed, consumer views on the future economic outlook are now at their lowest in the history of the survey. This now seems to be impacting sentiment toward consumers’ own finances, with future expectations of financial conditions now below average. Consumers are much happier about their current financial conditions, but it will be difficult for this to dominate such negative expectations about the economic outlook."
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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.
Consumer Confidence – Monthly Detailed Report in Australia
Business Confidence – Monthly Detailed Report in Australia
Consumer Banking Satisfaction - Monthly Report in Australia
You can also view our monitor of Monthly Australian Unemployment & Under-employment Estimates
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