ANZ’s Head of Australian Economics, David Plank, commented:
“The weekend just past was overshadowed by the tragic events in Christchurch on Friday. This makes it very difficult to offer any firm conclusions about the partial recovery in confidence after the prior weekend’s sharp decline.”
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ANZ-Roy Morgan Australian Consumer Confidence nosedived to 109.5, a fall of 4.6% from the previous week’s reading. All the sub-indices were in the negative, with three components falling more than 5%. The decline has also re...
Consumer confidence was unchanged in January, slightly above average.
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ANZ-Roy Morgan Australian Consumer Confidence was up marginally last week, gaining 0.6%.
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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%