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Australia weekly consumer confidence fell 5.5 points w/w to its lowest since April 2020

Australia weekly consumer confidence fell 5.5 points w/w to its lowest since April 2020

ANZ-Roy Morgan Australia Consumer Confidence data, a weekly survey.

For the week, collapses further to 78.1

  • prior 83.6

ANZ remarks:

  • 78.1, its lowest level since early Apr 2020
  • after the RBA raised interest rates by 25bp
  • Average confidence amongst those paying off their home fell by 10pts

An ugly report this one.

This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Feb 13 2023, 22:34
Author Name: forexlive
Views: 111655

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