The Westpac indicator for December 2023 rises to 82.1, an eight-month high

  • from 79.9 in November
Australian consumer sentiment 12 December 2023

I noted earlier on the weekly figures that, despite jumping to their highest since February, were still awfully pessimistic.

WPAC make the same point on their index:

  • "The gloom that deepened last month has lifted slightly heading into year-end'
  • "But consumers remain far from upbeat"

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Earlier today:

2023 has been the second-worst calendar year for sentiment, with records going back to 1974.