Analyzing the Latest Westpac Consumer Confidence Index Results for July

Tuesday, 9 July 2024, 00:31

In July, Australia's Westpac consumer confidence index decreased by 1.1% to 82.7. This decline follows the previous month's increase of 1.7% to 83.6. The Westpac-Melbourne Institute monthly survey provides insights into consumer sentiment and economic outlook.
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Analyzing the Latest Westpac Consumer Confidence Index Results for July

Westpac Consumer Confidence Index

In July, Australia saw a 1.1% decline in the consumer confidence index to reach 82.7.

Monthly Survey Data

  • Prior Increase: The index had previously risen by 1.7% in the prior month to 83.6.

The Westpac-Melbourne Institute survey is crucial for assessing consumer sentiment and economic conditions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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