Consumer confidence falls further in July

Thu, 26 Jul 2018

By Sophie Boot July 27 (BusinessDesk) - Consumer confidence dropped further in July, falling back to long-run averages. The ANZ Roy Morgan consumer confidence index edged 2 points lower to 118 in July. The current conditions index fell 1 point to 124.9, above its historical average of 116.7, while the future conditions index fell 2 points to 114.1, well below its historical average of 121. Of the survey's 1,009 respondents, a net 3 percent expected good times financially in the next 12 months, down from 7 percent in June and the lowest...

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