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Australian weekly consumer confidence survey 72.7 (prior 77.7)
The Australian ANZ - Roy Morgan consumer confidence survey is conducted weekly.It shows consumers are persistently, and deeply, pessimistic. High inflation and a central bank that is hiking rates aggressively, and yet still floundering, is weighing on sentiment. Earlier this week WPAC highlighted concerns over employment rising too:Australian data - Westpac Consumer Confidence Index (June) +0.2% m/m (prior -7.9%)ANZ comments on its report today: Australian Consumer Confidence fell to its lowest...
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Posted: Jun 13 2023, 23:36
Author Name: forexlive
Views: 111676