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):