Australia weekly consumer confidence survey slumped 3.2% w/w to 83.6

ANZ-Roy Morgan Australian Consumer Confidence

A big drop on the week, down more than 3% to 83.6

Says ANZ:

  • its biggest weekly fall since early August of 2022
  • Confidence about current and future finances fell sharply
  • Household inflation expectations rose but are still lower than late 2022

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Languishing at deeply pessimistic levels:

Australian Consumer Confidence

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