Consumer confidence dips again: survey

Consumer confidence dipped slightly over the weekend, an ANZ survey suggests, edging lower for the third consecutive week.

The ANZ-Roy Morgan Australian Consumer Confidence index fell 0.3 per cent from the previous week, with respondents’ perception of the country’s current economic conditions down 2.3 per cent and the “time to buy a household item” metric sliding 1.2 per cent.

But the weekly measure of sentiment, which is based on about 1,000 face-to-face interviews conducted on Saturdays and Sundays, recorded a 3.9 per cent increase regarding people’s current financial conditions and a 0.2 per cent rise about their financial conditions over the next year.

AAP

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