“Confidence shows signs of consolidation at an above average level after the gains made on the back of the election, talk of interest rate cuts and modest regulatory respite for the housing sector. This week will be quite impactful for the index, as the RBA will be announcing its decision on interest rates beside a plethora of crucial economic data such as the current account, retail sales and GDP. Weekly inflation expectations remained at 3.8% for the second week, meaning the four-week moving average will likely drop below 4% next week.”
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Confidence continues its rise, gaining 1.2% last week. With the exception of ‘Time to buy a household item’, which fell 2.9%, all the sub-indices were positive.
The ANZ-Roy Morgan Consumer Confidence Index fell 4 points to 119, the lowest read in six months but fairly close to its historical average. The Current Conditions Index fell 4 points to 126, undoing much of its lift the previo...
In March 2019 before President Jokowi was re-elected for a second five year term Roy Morgan Indonesian Consumer Confidence was up 1.8pts to 161.3. This is 5pts higher than a year ago in March 2018 (156.3) and a significant 24.8...
Confidence reversed the previous week’s loss. All the sub-indices were positive. The survey coincided with the election, so much of the gain likely reflects the impact of the surprise win by the Coalition.
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The margin of error to be allowed for in any estimate depends mainly on the number of interviews on which it is based. Margin of error gives indications of the likely range within which estimates would be 95% likely to fall, expressed as the number of percentage points above or below the actual estimate. Allowance for design effects (such as stratification and weighting) should be made as appropriate.
25% or 75%
10% or 90%
5% or 95%