Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

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Tuesday, 16 February 2016

Comnsumer confidence about average

Roy Morgan's consumer confidence index was up a little by +2.0 per cent this week.

It's just a shade above it's long run average since 1990, while the 4 week average is just a shade below.

All five of the gauges showed an increase on previous readings reflecting "an underlying sturdiness in consumers' attitudes" according to Warren Hogan of ANZ, with the economic outlook scoring particularly well.