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ANZ-Roy Morgan Australian Consumer Confidence up to 118.1

This weekly ANZ-Roy Morgan Consumer Confidence Rating is based on 1,033 face-to-face interviews conducted Australia-wide with men and women aged 14 and over the weekend February 2/3, 2019.
ANZ-Roy Morgan Australian Consumer Confidence has ended its saw-tooth pattern by moving higher for the second week in a row, gaining 1.4% last week. The gain has brought the index close to its highest level since early December.

  • The financial conditions subindices were positive. The current financial conditions measure showed a marked improvement of 3.2%, to a level that is seldom exceeded, while future financial conditions gained 1.3%.
  • The economic conditions subindices were also positive, with current and future economic conditions gaining 0.9% and 1.4% respectively.
  • The ‘time to buy a household item’ index was the only subindex that was negative; it fell 0.3%, to its lowest level since October. Four-week moving average inflation expectations were down 0.1ppt to 4.1%.

ANZ’s Head of Australian Economics, David Plank, commented:

“Consumer confidence is showing signs of improvement despite a decidedly mixed domestic economic environment. The stronger AUD and a more supportive tone from the Fed might have been responsible for rise in confidence. A slight rebound in Chinese PMI may have also helped. A winning turn in the cricket may also have boosted sentiment. The mixed economic backdrop makes it difficult to believe an uptrend in confidence will be sustained, but the fact consumer sentiment is well above average is a pleasing contrast to some of the more downbeat news recently.”


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