Source: ANZ statements
• Consumer confidence rose 3.3pts last week to 80.3pts. The four-week moving average fell 0.4pts to 79.5pts.
• ‘Weekly inflation expectations’ ticked up 0.1ppt to 4.9 per cent, keeping the four-week moving average unchanged at 4.9 per cent.
• ‘Current financial conditions’ (over last year) softened 0.3pts, while ‘future financial conditions’ (next 12 months) jumped 9.9pts.
• ‘Short-term economic confidence’ (next 12 months) was up 5.4pts and ‘medium-term economic confidence’ (next five years) rose 1.1pts.
• The ‘time to buy a major household item’ subindex increased 0.7pts.