2023-09-26 01:36
Consumer confidence: backwards step
Consumer confidence fell 3.4pts, and the four-week moving average declined 0.4pts. Confidence fell in New South Wales, Victoria, Queensland and Western Australia, but was unchanged in South Australia. 'Weekly inflation expectations' rose 0.5ppt to 5.4%, while the four-week moving average was unchanged at 5.2%. 'Current financial conditions' were down 2.8pts and 'Future financial conditions' dropped 8.3pts. 'Current economic conditions' decreased by 2.0pts and 'Future economic conditions' weakened 2.

https://www.miragenews.com/consumer-confidence-backwards-step-1091677/

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