Australian Consumer Confidence

Australian consumer confidence rose 2.1 points to 72.8 points last week. The increase was broad-based, with significant gains in future economic confidence and household purchase sentiment.

Key Takeaways

• 1.Consumer confidence rose 2.1pts to 72.8pts last week, driven by broad-based improvements across subindices.
• 2.Weekly inflation expectations fell 0.2ppt to 5.8%.
• 3.Mortgage holders were the only cohort to record a decline in confidence, reflecting the RBA's decision to hold the cash rate.

Table of Contents

• Contributors
• Contacts
• Rise (after RBA hold)
• Important notice

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