Australian weekly consumer confidence survey 74.1 (prior 74.9)

<p>The ANZ – Roy Morgan consumer confidence survey is conducted weekly.</p><ul><li>Fell to 74.1 from 74.9 the week before (the lowest since April 2020 was only 2 weeks ago)</li><li>Inflation expectations stay at 5.9%</li></ul><p>ANZ remarks:</p><ul><li>The 4-week average was the 2nd worst result in 30 years</li><li> ‘Current’ and ‘future financial conditions’ remain weak as inflation expectations hit their highest 4-week average for 2023 </li></ul>

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