Australian weekly consumer confidence survey slumps again, to 86.9 (prior 87.7)

  • ANZ-Roy Morgan Australian Consumer Confidence index

ANZ-Roy Morgan Australian Consumer Confidence index

86.9

  • prior week 87.7

Below 100 means pessimists outnumber optimists.

ANZ comment:

  • still 1.8pts higher than before the RBA cut the cash rate
  • decline may be partly attributable to ex-Tropical Cyclone Alfred and its impacts
trump sad

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