Source: ANZ statements
Consumer confidence increased 2.0pts, while the four-week moving average was up 0.4pts.
Among the mainland states, confidence rose in NSW and Queensland, while it fell in Victoria, SA and WA.
‘Weekly inflation expectations’ fell 0.2ppt to 5.4%, while the four-week moving average remained at 5.5%.
‘Current financial conditions’ rose 1.3pts, while ‘future financial conditions’ dropped 3.8pts.
‘Current economic conditions’ were up3.7pts and ‘future economic conditions’ gained 1.6pts.
The ‘time to buy a major household item’ subindex jumped 7.1pts after a 4.5pts increase the week before.