Australian weekly consumer confidence survey 75.2 (prior 72.6)

<p>The ANZ – Roy Morgan consumer confidence survey is conducted weekly and continues to run running along close to its 3-year low.</p><p>As part of the survey is a question about inflation expectations. These dipped last week, to 5.4% (5.6% prior week).</p><p>The Reserve Bank of Australia meet next week, August 1:</p><ul><li><a href="https://www.forexlive.com/centralbank/rba-july-meeting-minutes-says-there-was-a-strong-case-for-raising-the-cash-rate-20230718/" target="_blank" rel="follow" data-article-link="true">RBA July meeting minutes – says there was a strong case for raising the cash rate</a></li><li><a href="https://www.forexlive.com/centralbank/mufg-see-support-for-the-aud-ahead-of-an-rba-august-rate-hike-hike-is-not-a-done-deal-20230721/" target="_blank" rel="follow" data-article-link="true">MUFG see support for the AUD ahead of an RBA August rate hike (hike is not a done deal)</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.