According to data from the ANZ released today, the consumer confidence index in Australia rose this week to the level of 118.2 against 117.8 the previous week. Thus the index rose by + 3.2%. According to the data:

• it is expected that over the next 12 months the economic situation of households will improve by + 1.2%

• general economic conditions over the next 5 years to improve by + 3.5%

• the overall financial situation compared with the previous year worsened to -0.8%