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ANZ-Roy Morgan Australian Consumer Confidence rises to 118.6

This weekly ANZ-Roy Morgan Consumer Confidence Rating is based on 1,001 face-to-face interviews conducted Australia-wide with men and women aged 14 and over the weekend November 24/25, 2018.
ANZ-Roy Morgan Australian Consumer Confidence was up a notch last week, rising 0.7% and partially reversing last week’s drop.

  • Financial conditions subindices were negative, with current financial conditions and future financial conditions falling by 0.5% and 3%, respectively. The indices were down in the previous reading too.
  • Economic conditions readings were mixed, with current economic conditions posting a strong rise of 5%, while future economic conditions took a slight fall of 0.8%.
  • The ‘time to buy a household item’ sub-index was up by 2.6%, its second straight gain. Four-week moving average inflation expectations again fell by 0.1 ppt to 4.2 %; this was the third consecutive fall.

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

“Consumer sentiment was up a touch last week. Lower petrol prices may have played a role in supporting sentiment, with the four week moving average for inflation expectations dropping to its lowest level since late July. Consumer confidence is well above its long-run average, a strong show of resilience in the face of the recent equity volatility and the spate of negative news surrounding house prices.”


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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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