Australia consumer confidence weekly survey rises by 2.1% w/w

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Australia consumer confidence weekly survey rises by 2.1% w/w

ANZ Roy Morgan weekly survey of consumer sentiment comes in at 87.8 this week.ANZ comment on the result:ANZ-Roy Morgan Australian Consumer Confidence

ANZ Roy Morgan weekly survey of consumer sentiment comes in at 87.8 this week.

ANZ comment on the result:

  • ANZ-Roy Morgan Australian Consumer Confidence … hitting a four-month high.
  • Continued economic strength despite 225bp of rate hikes over the past 5 months may be quelling fears of a sharp downturn

Still at deeply pessimistic levels though:

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