Consumer confidence fell in March, ANZ-Roy Morgan survey finds

Consumer confidence is struggling to get out of the doldrums. The ANZ-Roy Morgan Consumer Confidence index fell by four points to 93.2 in March, ANZ says.

The bank, in a report titled “A bit of a slog”, said confidence was generally trending higher but “it’s fair to say it’s making hard work of it”. The proportion of households thinking it was a good time to buy a major household item - the best retail indicator - eased one point to 16, it said. Inflation expectations rose by 0.



2 of a point to 4.2%..