Weekly sentiment survey. Comes in at 83.1
- +1.8% w/w
- third week in a row of gains
- +5.6% over the past three weeks
- the 4-week average is 81.1
- the long-run average is 111.9
ANZ comment:
- Confidence is ... still at exceptionally weak levels
As part of the survey is a section in inflation expectations
- the 4-week moving average is a lofty 6.5%
