Source: ANZ statements
Consumer confidence rose 1.8pts, and the four-week moving average declined 0.1pts.
Confidence rose in all states and territories other than Queensland and the ACT.
‘Weekly inflation expectations’ softened 0.2ppt to 5.2%, while the four-week moving average was unchanged at 5.2%.
‘Current financial conditions’ were up 3.2pts and ‘Future financial conditions’ increased 2.4pts.
‘Current economic conditions’ decreased by 0.6pts, while ‘Future economic conditions’ rose 3.2pts.
The ‘Time to buy a major household item’ subindex improved 0.3pts.