Australia – ANZ Roy Morgan weekly consumer confidence index -1.4% to 101.8

HomeForex News

Australia – ANZ Roy Morgan weekly consumer confidence index -1.4% to 101.8

Eyes on Ukraine of course, not this. ---Still, worth noting. ANZ remarks: inflation expectations rose 0.1ppt to 5.1% last week, its highest since Dec

Eyes on Ukraine of course, not this.

Still, worth noting.

ANZ remarks:

  • inflation expectations rose 0.1ppt to 5.1% last week, its highest since Dec 2014.
  • Consumer confidence dropped 1.4% despite the easing of restrictions in NSW and the reopening of international borders to tourists
  • With petrol prices at record highs it is no great surprise that IE have moved up. Seems to be dampening sentiment.

www.forexlive.com