Australian weekly consumer confidence survey falls again, to 72. 6 (prior 73.3)

<p>The ANZ – Roy Morgan consumer confidence survey is conducted weekly. Its running along close to its 3 year low.</p><ul><li>index has now spent twenty straight weeks below 80, the longest stretch below 80 since the index began being conducted on a weekly basis in October 2008</li></ul><p>ANZ remarks:</p><ul><li>"The confidence level was among the five worst results since the COVID outbreak and has stayed below 80 for 20 straight weeks.</li><li>

The decline in the latest result was mainly driven by weaker confidence in current financial conditions.

</li><li>Among the housing cohorts, confidence fell to a record low for those renting.
"It improved among those paying off their homes but remained below 70, while it fell for those who own their homes outright."</li></ul>

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