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ANZ-Roy Morgan Australian Consumer Confidence softens to 115.2

This weekly ANZ-Roy Morgan Consumer Confidence Rating is based on 1,165 face-to-face interviews conducted Australia-wide with men and women aged 14 and over the weekend January 5/6, 2019.
ANZ-Roy Morgan Australian Consumer confidence has started 2019 with a fall of 2.2%.

  • Current financial conditions fell by 4.3%, the third consecutive fall, while future financial conditions bucked the overall trend and rose 1.1%.
  • Economic conditions declined, with current and future economic conditions falling by 4.2% and 3.1% respectively.
  • The ‘time to buy a household item’ fell 1.1%. Four-week moving average inflation expectations were stable at 4.3%.

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

“Consumer confidence has started 2019 on a soft note, with overall sentiment falling by 2.2%. A number of factors are likely at play. Much of the global news has been negative over recent weeks, with broad weakness in equity prices since the last confidence survey in December reflective of this. More recently the Chinese PMI fell below 50 for the first time in 19 months and the stand-off between the US Congress and the President has intensified. On the domestic front sentiment has likely been affected by the media’s focus on falling house prices. The cricket may not be helping either! On the positive side, lower petrol prices will be helping sentiment and the strong US payrolls report shows there is still plenty of momentum in the US economy. And we should keep in mind that consumer confidence remains above average.”


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%

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