Australian Consumer Confidence

Australian consumer confidence rose to 68.8 points in late May, its highest since March, while inflation expectations fell to 5.9%.

Key Takeaways

• 1.Australian consumer confidence rose 2.7 points to 68.8, marking its highest level since early March.
• 2.Weekly inflation expectations decreased by 0.2 percentage points to 5.9%, the lowest level in three months.
• 3.Despite the uptick, confidence remains significantly below the 2025 average, suggesting soft consumer demand.

Table of Contents

• Contributors
• Highest since early March
• ANZ-Roy Morgan Australian Consumer Confidence and inflation expectations
• ANZ Economist, Sophia Angala, commented
• Important notice

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