Source: ANZ statements
Consumer confidence decreased 0.3pts, the four-week moving average was also down 0.3pts.
Among the mainland states, confidence rose in Victoria, Queensland, and SA, while it fell in NSW and WA.
‘Weekly inflation expectations’ rose 0.2ppt to 5.6%, while the four-week moving average remained at 5.5%.
‘Current financial conditions’ dropped 3.1pts, while ‘future financial conditions’ jumped 9.1pts after a 3.8pts fall the week before.
‘Current economic conditions’ were up 1.6pts and ‘future economic conditions’ fell 0.5pts.
The ‘time to buy a major household item’ subindex plunged 8.7pts, more than reversing the 7.1pts gain from the previous week.