Australian weekly consumer confidence survey 82.8 (prior 82.6)

  • Under 100 shows net pessimism from consumers.

The ANZ - Roy Morgan consumer confidence survey is conducted weekly.

The index has now spent a record 55 straight weeks below 85.

But this week's result is above all weekly results in 2023.

ANZ comment:

  • Confidence in short- and medium-term economic outlooks fell after news the unemployment rate rose to a 2-year high of 4.1% in January, but both were still above 2023 averages
Reserve Bank of Australia Governor Bullock RBA 23 October 2023

Reserve Bank of Australia Governor Bullock

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