Australian weekly consumer confidence survey drops to even more pessimistic

January 21, 2025 at 02:15AM
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.

This article was written by Eamonn Sheridan at www.forexlive.com.

Australian weekly consumer confidence survey drops to even more pessimistic