Source: ANZ statements
Consumer confidence rose 1.8 points, and the four-week moving average increased 0.5 points.
Among the mainland states, confidence rose in New South Wales, Victoria, South Australia and Western Australia, while it fell in Queensland.
‘Weekly inflation expectations’ rose 0.4 percentage point to 5.7 per cent, while the four-week moving average was unchanged at 5.3 per cent.
‘Current financial conditions’ fell 0.8 points after a 5.6 points decline the week before. ‘Future financial conditions’ were up 0.9 points.
‘Current economic conditions’ increased 3.4 points more than offsetting the 3.2 points fall the week before.
‘Future economic conditions’ rose 2.7 points. The ‘time to buy a major household item’ subindex gained 2.9 points.