The four-week moving average for ‘inflation expectations’ decreased 0.1pt at 3.3%. The weekly reading decreased to 3.2% from 3.3%.
ANZ Head of Australian Economics, David Plank, commented:
"Confidence strengthened further last week, albeit modestly. While still below average, sentiment has recovered strongly from its March low and is now only around 15% below its level at the end of February. Government measures and signs that the job market is stabilising seem to be playing a key part in the recovery of the index despite recent concerns over trade with China and weak retail sales. These factors, and the move in Australia’s credit rating to a negative outlook by Fitch, may explain why expectations about the ‘future economic outlook’ fell."
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ANZ-Roy Morgan Weekly Australian Consumer Confidence Results (All 5 Questions)
ANZ-Roy Morgan 2020 Weekly Australian Consumer Confidence Results
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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
Consumer Confidence – Monthly Detailed Report in Australia.
Business Confidence – Monthly Detailed Report in Australia.
Consumer Banking Satisfaction - Monthly Report in Australia.
You can also view our monitor of Monthly Australian Unemployment & Under-employment Estimates
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