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Australian weekly consumer confidence survey, fell to 82.7 this week | Forexlive

The weekly survey from ANZ-Roy Morgan for Australian Consumer Confidence. Fell this week after three weeks of gains.

Comes in at 82.7

  • prior week 83.1

ANZ comment:

  • improved sentiment around spending on major items is usual for this
    time of the year and was reflected in ANZ-observed spending in
    November which received a boost from Black Friday sales.

As part of the report is data for consumers’ inflation expectations, These fell by 0.4 to 5.8%. Perhaps due to the drop in petrol prices.