Australian Westpac Consumer Confidence Index (September 2024) 84.6 (prior 85.0)

  • Still very pessimistic

Westpac-Melbourne Institute index of consumer sentiment fell from August to September, to 84.6

  • prior 85.0

WPAC comment:

  • "The pessimism that has dominated for over two years now is still showing no real signs of lifting"
  • "While cost-of-living pressures are becoming a little less intense and fears of further interest rate rises have eased, consumers are becoming more concerned about where the economy may be headed and what this could mean for jobs."
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