Back To Listing

ANZ-Roy Morgan Consumer Confidence up to 108.1

This weekly ANZ-Roy Morgan Consumer Confidence Rating is based on 1,026 face-to-face interviews conducted Australia-wide with men and women aged 14 and over the weekend November 30/December 1, 2019.

ANZ-Roy Morgan Australian Consumer Confidence rebounded 1.2% from its multi-year low reading last week, its first gain in four weeks. The biggest gain in the sub-indices was the 5.3% jump in the ‘Time to buy a household item’, albeit from a ten-year low in the previous reading. The other sub-components were mixed.

  • Current finances fell 1.6%, while future financial conditions gained 4.2%.
  • Current economic conditions declined 4.1%, to its lowest point in four years. Future economic conditions gained 1%, though this comes after a cumulative loss of almost 10% over the prior two weeks.
  • The four-week moving average of inflation expectations was up 0.1ppt to 4.0% as the weekly reading jumped from 3.8% to 4.1%.

ANZ Head of Australian Economics, David Plank, commented:


"On the back of strength in future finances and ‘Time to buy a household item’, consumer confidence recovered some lost ground – though it was only a modest gain after three weeks of decline. Weakness in economic conditions is still a concern, considering it is around multi-year lows. This week’s data could significantly impact sentiment, especially Q3 GDP. Annual growth may accelerate a touch, as last year’s weak Q3 report drops out, but this hardly points to an economy that is undergoing more than a gentle turn. And yesterday’s ANZ job ads for November highlighted that a gentle turn is unlikely to be enough to stop the unemployment rate moving higher. Consumer sentiment looks set to be challenged for a while yet."


Click here to download the latest weekly ANZ-Roy Morgan Australian Consumer Confidence PDF.

Latest ANZ-Roy Morgan Consumer Confidence Releases
Latest ANZ-Roy Morgan Australian & Asia-Pacific Consumer Confidence Data Tables

ANZ-Roy Morgan Weekly Australian Consumer Confidence Results (All 5 Questions)
ANZ-Roy Morgan 2019 Weekly Australian Consumer Confidence Results
ANZ-Roy Morgan Monthly Australian Consumer Confidence Results (1973-2019)
ANZ-Roy Morgan New Zealand Consumer Confidence Results (All 5 Questions)
Roy Morgan Indonesian Consumer Confidence Results (All 5 Questions)

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.

For comments or more information please contact:
Roy Morgan - Enquiries
Office: +61 (03) 9224 5309
askroymorgan@roymorgan.com


About Roy Morgan

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