Australian weekly consumer confidence 76.7 (prior 74.7)
<p>ANZ-Roy Morgan Australian Consumer Confidence weekly survey rose to 76.7 from 74.7 the previous week. </p><p>ANZ comments:</p><p>
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‘Time to buy a major household item’ subindex climbed to
its highest since early February</li><li> Buying sentiment was upbeat in the week
to Black Friday</li></ul><p><br></p>
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This indicator has been very weak, its long-run average is just under 111. At 76.7 its deeply pessimistic. </p><p><br></p><figure data-media-><img src="https://images.forexlive.com/images/unhappy%20sad%2019%20September%202023_id_3adaeb46-fc4a-4b74-9d52-39fccf164fc5_original.jpg" alt="unhappy sad 19 September 2023" width="331" height="240" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/unhappy%20sad%2019%20September%202023_id_3adaeb46-fc4a-4b74-9d52-39fccf164fc5_original.jpg" /></figure><p><br></p><p><br></p>
This article was written by Eamonn Sheridan at www.forexlive.com.
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