ANZ’s Head of Australian Economics, David Plank, commented:
“It has been a volatile start to the year for consumer sentiment, with the index displaying a down-up-down pattern, though encouragingly it remains above the long-run average. The global news is not helping, with China slowing and political developments in the UK and US dispiriting. Domestically the focus remains on the weak housing market, though as we noted in Friday’s Australian Macro Weekly the evidence of a wider negative impact is still quite limited. Employment will be the key domestic data event this week.”
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ANZ-Roy Morgan Australian Consumer Confidence was up 1.4% last week.
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Roy Morgan Indonesian Consumer Confidence is up 2.6pts to a record high of 163.0 in October 2018. Consumer Confidence is now 9.2pts higher than a year ago in October 2017 (153.8) and 27.1pts above the long-run average (2005-201...
ANZ-Roy Morgan Australian Consumer confidence has started 2019 with a fall of 2.2%.
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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%