Consumer confidence stuck at low altitude

Monday 30 March 2015

The ANZ-Roy Morgan Research (RMR) consumer confidence index has risen slightly once again, rising 0.9 points to 112.3 in the week ended 29 March to be tracking just below the long-run average of 113 (see next chart).

According to ANZ, household’s view of the economic outlook is improving, which drove the rise in confidence:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.