Confidence fell 0.6% last week, reversing a bit over half the prior week’s increase. This continues the recent sawtooth pattern. Confidence remains well below average.
"Consumer confidence has displayed a sawtooth pattern in recent weeks, with offsetting moves in many of the components leading to a lack of overall direction. Last week’s upbeat assessment of the outlook by the RBA may have buoyed ‘future economic conditions’, which rose to their highest level since mid- November. ‘Future financial conditions’ also rose sharply, jumping to their highest level since early November. Sentiment around current conditions, though, was lower, as were views on whether it was ‘time to buy a major household item’. Heavy rain and floods in parts of the east coast and the coronavirus epidemic may have contributed to the weakness in these aspects of the survey. Overall, consumers are cautious, and it is difficult to see this lessening any time soon.."
Latest ANZ-Roy Morgan Consumer Confidence Releases
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.
Confidence edged up a touch last week, reversing the prior week’s decline. It remains well below average.
Consumer confidence was unchanged in January (after rounding) at 123, holding onto its recent gains.
In October, Roy Morgan Indonesian Consumer Confidence increased to 159.5, up 1.5pts from the previous month. However Consumer Confidence is now 3.5pts lower than it was a year ago (163.0). Analysis of Consumer Confidence by emp...
After two straight weekly gains, confidence declined 0.3% last week. ‘Overall financial conditions’ was flat, as a decline of 0.5% in ‘current finances’ was balanced by a similar increase in future finan...
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The Roy Morgan Risk Monitor asks Australians to name, without prompting, brands they trust and brands they distrust, and to give detailed, open-ended reasons for these feelings.
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%