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Australian consumer inflation expectations fall to their lowest since start of the year

Each week ANZ Roy Morgan conducts their consumer confidence survey. Consumers have been deeply pessimistic for months:As you can see by the title of the graph, sentiment did rise last week:+1.8 points to 79.8 points in the past week, 100 is the point that separates net optimism (>100) from net pessimism (<100 Confidence is well below the long-run average of 111.4 points since 1990. Of more interest, especially today given the Reserve Bank of Australia policy meeting, is ANZ's finding on inflatio... Read More

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Content Topics

Australian

Consumer

Inflation

Expectations

Fall

Their

Lowest

Forex

Posted: May 2 2023, 00:28

Author Name: forexlive

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