“Confidence was up by a healthy margin on the back of a strong performance by the economic conditions sub-indices. The strength may have reflected better global sentiment arising out of the G20 summit in Osaka and evidence that house prices are stabilising in Sydney and Melbourne. The further gain in the ‘time to buy’ index suggests sentiment toward housing is improving. The RBA decision on the cash rate may impact sentiment this week, though as we saw in June the immediate impact of a rate cut is not always positive.”
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Weekly consumer confidence was essentially unchanged last week, gaining just 0.1%. Within this stable headline result there was quite a bit of movement in the sub-indices. Those relating to personal financial conditions were stron...
Consumer confidence rose 3 points in June to 123, above the historical average. The Current Conditions Index rose 2 points and the Future Conditions Index lifted 4 points.
In May 2019 Roy Morgan Indonesian Consumer Confidence increased 1.8pts from April to 161.8. This is 4.8pts higher than a year ago in May 2018 (157.0) and a significant 25pts above the long-run average (2005-2019) of 136.8.
Confidence was down just a notch last week, falling 0.3%.
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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.
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%