Record-High Consumer Confidence Report Revealed for Australia
Monday, 19 February 2024, 22:59
ANZ - Roy Morgan Consumer Confidence Survey
The index has now spent a record 55 straight weeks below 85. But this week's result is above all weekly results in 2023.
ANZ Comment:
- Confidence in short- and medium-term economic outlooks fell after news the unemployment rate rose to a 2-year high of 4.1% in January, but both were still above 2023 averages
Reserve Bank of Australia Governor Bullock
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.