ANZ-Roy Morgan Australian Consumer Confidence weekly survey was out earlier, doing a bit of a catch up.
Comes in at 85.8
- prior 87.1
- inflation expectations 5.2% (prior 5%)
ANZ comment:
- positive impact of the new year appears to be waning
- the series is still up 1.9 points from the end of December
***
Below 100 is a net pessimistic reading.
