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ANZ-Roy Morgan Consumer Confidence moderates to 115.9

This weekly ANZ-Roy Morgan Consumer Confidence Rating is based on 998 face-to-face interviews conducted Australia-wide with men and women aged 14 and over the weekend July 13/14, 2019.

Confidence was down 1.5% last week, following a decline of 1.1% the previous week. All of the confidence sub-indices were down, with the exception of a flat ‘time to buy’ reading.

  • Current finances declined by 2.7%, while future finances dropped by 1.5%. This compares to up-ticks of 3.7% and 1.3% respectively for the previous week.
  • The economic conditions sub-indices were also down; with current economic conditions falling 1% and future economic conditions dropping by 2.6%. This week’s moderation comes on the back of falls of 3.6% and 1.7% respectively last week.
  • The ‘Time to buy a major household item’ was unchanged. The four-week moving average for inflation expectations was flat at 4%.
ANZ Head of Australian Economics, David Plank, commented:

“Confidence was down modestly for a second week. The developments in the week were mixed. The NAB monthly business survey remained soft, though some of the details on the labour market were better. The strong bounce in ANZ Job Ads was not reflected in consumer sentiment. On a lighter note, the disappointing (for Australians) outcome of the England-Australia cricket world cup match could have dented the confidence of some respondents. More seriously, it is pleasing that overall confidence remains above average with respondents still reasonably positive about their own financial circumstances.”

ANZ Consumer Confidence Inflation July 13 14

Moderation in Confidence level

modest decline in confidence

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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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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


25% or 75%

10% or 90%

5% or 95%