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Tuesday, 30 June 2015

Consumer confidence surges to 18 month high

18 month high

The ANZ-Roy Morgan Consumer Confidence Rating rose 2.3 points to 116.3 points this week.

This is the highest level in 18 months, and well above the long run average of 113 points.


The outlook for the economy over the year ahead improved by 5.7 per cent.

The outlook for the economy five years ahead also rose by 4.6 per cent.

It will be interesting to see whether the outlook for China's stock markets and Greece's debt woes have a negative impact in the weeks ahead.