April’s Westpac month-to-month measure of shopper sentiment in Australia is available in at 82.4
WPAC remark:
- under 100 for greater than two years
- “Outside of the deep recession of the early 1990s, this is easily the second most protracted period of deep consumer pessimism since we began surveying in the mid-1970s”
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Earlier on the ANZ-Roy Morgan Australian Client Confidence index was launched, this can be a weekly survey:
Got here in at 81.9
Its been underneath 85 factors for a document run of 62 weeks, which is even worse than within the Nineties recession.
The inflation expectations query on this survey noticed this bounce larger,
- +0.1% on the week to five.3% (its highest in a yr)
- larger for 3 weeks in a row
ANZ citing the rise in petrol costs.
