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ANZ-Roy Morgan Australian Consumer Confidence levels to 117.8

This weekly ANZ-Roy Morgan Consumer Confidence Rating is based on 965 face-to-face interviews conducted Australia-wide with men and women aged 14 and over the weekend December 15/16, 2018.
ANZ-Roy Morgan Australian Consumer Confidence was essentially unchanged last week, rising just 0.1%.

  • Current financial conditions were down 2%, while future financial conditions were flat for the week.
  • Economic conditions readings were mixed, with current economic conditions up 0.2% while future economic conditions lost 0.9%.
  • The ‘time to buy a household item’ gained the most among the subindices, rising 2.7%. Four-week moving average inflation expectations
    were up by 0.1 ppt at 4.3%.

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

“Consumer sentiment was basically unchanged over the past week. The upward movement in the “time to buy a household item” was a good sign considering the holiday season, though still below its long-run average.

"In this final survey for the year, consumer sentiment finished well above average, though below the highs of earlier in the year. It is a touch higher than at the end of 2017. Not a bad outcome, given that households have faced a barrage of negative news in recent months about the state of the housing market and what it might mean for the economy. It seems there are sufficient offsets to this news; among them, a still robust labour market. The November employment report on Thursday will tell us just how robust, though we always caution against reading too much into what can be a volatile data series.”


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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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%

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