ANZ-Roy Morgan Australian Consumer Confidence weekly survey for the week comes in at 80.8

  • prior 76.4

ANZ citing:

  • driven by confidence among homeowners
  • confidence about the economy has improved

And add that inflation expectations are at their 2nd lowest in six months.

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Don't say it out loud but 80 is still a terribly pessimistic level

Australia sad 23 May 2023