• Australian Consumer Confidence at strongest since February – ANZ

Market news

10 tháng 10 2023

Australian Consumer Confidence at strongest since February – ANZ

Economists at Australia and New Zealand Banking Group (ANZ) offer key highlights of their Roy Morgan Australian Consumer Confidence data release.

Key quotes

Consumer confidence rose 1.9 pts, and the four-week moving average increased 0.6 pts.

Weekly inflation expectations’ softened 0.1 ppt to 5.1%, while the four-week moving average stayed at 5.2%.

Current financial conditions’ were up 3.2 pts rising above 70 for the first time since April.‘Future financial conditions’ increased 1.7 pts.

Current economic conditions’ rose 1.0 pt after two straight weeks of declines.‘Future economic conditions’ gained1.6 pts.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.