Australia September 2025 Westpac-Melbourne Institute Consumer Confidence drops back from recent 3.5 year highs.
- down 3.1% m/m to 95.4
- was +5.7% in August to its highest since early 2022
Reading under 100 means pessimists still outnumber optimists.
WPAC comment:
- Outright optimism remains elusive
- cost-of-living crisis may be largely over and policy easing generating some uplift but there is still clearly some unease about the path ahead