Australian June consumer confidence data: +0.3% m/m

Australian June consumer confidence index rises to 102.1, from its May reading of 101.8

April and May were both declines, this is the first rise in 3 months

For the y/y, up 6.1%

Commentary on the result (in brief) via Westpac:

• Improved tone compared to last year
• Not pointing to a sustained lift in consumer demand - that'll be mildly disappointing to the RBA (RBA is forecasting above trend growth in 2018 and '19, the forecast partly rests on a lift in consumption growth)

This survey by the Melbourne Institute and Westpac bank: 1200 people surveyed

-

Earlier we got ANZ's read on weekly consumer confidence:

• Australia - weekly ANZ Roy Morgan survey of consumer confidence: 123.0 (prior 116.5)