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ANZ-Roy Morgan Consumer Confidence up 2.5pts to 118.5

This weekly ANZ-Roy Morgan Consumer Confidence Rating is based on 1,008 face-to-face interviews conducted Australia-wide with men and women aged 14 and over the weekend March 17/18, 2018.
ANZ-Roy Morgan Australian Consumer Confidence recovered 2.2% last week, largely reversing the previous 2.5% decline. The improvement in sentiment was broad based, with households particularly optimistic about near-term financial conditions.

  • Views towards current economic conditions edged up 0.3%. This subindex remains well above its long-term average. Sentiment around future conditions rose 1.2%, undoing much of the 1.9% decline in the previous week.
  • Household sentiment towards current and future financial conditions improved materially last week (6.4% and 2.6%, respectively), following consecutive falls in the two previous weeks.
  • The ‘time to buy a household item’ subindex rose 0.8% to 134.2. Inflation expectationseased to 4.5% on a four-week moving average basis, with the latest reading at 4.1%.

ANZ’s Senior Economist, Felicity Emmett, Commented: 

“It is encouraging to see consumer confidence rebound. The bounce follows last week’s report showing business conditions at a new record high and suggests that both the business and household communities remain optimistic about the outlook. Of note is the improvement in households’ perceptions of their finances, which points to some resilience in consumer spending, despite the numerous headwinds households face. Overall confidence seems to have stabilised after trending down in February. 

"The jobs report out later this week has the potential to impact confidence in the near term. Another solid report with a tick down in the unemployment rate (in line with our expectations) is likely to support confidence, over the coming weeks. That said, confidence is vulnerable to additional bouts of financial market volatility.”






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

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.


The week that was March 5-11, 2018

  • Homes lost as bushfires intensify in Victoria's west
  • 'The flames were only 100 metres away': Wedding guests flee bushfire
  • Weatherill to resign as leader after SA Labor loss
  • 'We have to get our own house in order': Greens leader admits leaking turned off Batman voters
  • 'No other plausible explanation': Bishop takes aim at Russia over spy poisoning 
  • NRL live: Manly and Parramatta look to ignite season with a win
  • Tropical Cyclone Marcus moves past Darwin as category two system
  • 'Racist' Dutton's comments signal return to White Australia policy, Di Natale says
  • Can Tiger Woods really win The Masters in 2018?
  • Contract killings, kidnapping and drugs: The secret network where criminals communicate
  • Border Force boss Roman Quaedvlieg sacked for helping girlfriend get job
  • Stephen Hawking dies aged 76
  • Why the humble snag is of 'huge concern' to global health experts
  • NAB bankers forged customer signatures, faked documents and accepted cash bribes for loans 
  • Pell hearing reopens to public after complainants give evidence
  • Australian sports scientists making their mark on the NBA
  • Company boss arrested over encrypted phones with links to bikie murders 
  • First AFL hamstring injury stumps Danger 
  • 'It's about human dignity': Artist Ai Weiwei targets Australia's refugee record
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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