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Australia consumer confidence weekly survey drops again, down 2.8% on the week | Forexlive

ANZ Roy Morgan weekly survey of consumer sentiment, last week was 84.6.

Drops to 82.2 and its lowest since early in August.

ANZ are blunt:

  • Consumer Confidence plunged 2.8%
  • inflation expectations hit its July peak
  • A weaker AUD and higher trend in petrol prices likely led household inflation expectations to surge to 6%

AUD update (it tends not to move upon this data release):