ANZ-Roy Morgan Australian Consumer Confidence at a still very weak 82.5
- prior 81.8
These sorts of levels were seen in the early pandemic stage. Terribly weak. Meanwhile household spending data is remaining solid.
Meanwhile, the RBA will not what appears to be an unanchoring of inflation expectations in the survey:
- Household inflation expectations rose by 0.2ppt to 6.0%
This article was originally published by Forexlive.com. Read the original article here.