Weekly survey of Australian Consumer Confidence 84.8, its highest in nearly a year

<p>ANZ-Roy Morgan weekly Australian Consumer Confidence survey comes in at 84.8</p><ul><li>prior was 81.8</li></ul><p>84.8 is the highest since late in January 2023.</p><p>Confidence typically jumps in early January, but this is big one. It's the 3rd-largest January jump in 15 years.</p><p>As part of the survey is information consumer inflation expectations. These fell to 5.2%, down 0.1 %. </p><p>Later today we'll get retail sales data from Australia:</p><ul><li><a href="https://www.forexlive.com/news/economic-calendar-in-asia-for-tuesday-9-january-2024-japan-inflation-data-20240108/" target="_blank" rel="follow" data-article-link="true">Economic calendar in Asia for Tuesday, 9 January 2024 – Japan inflation data</a></li></ul><p>AUD unchanged circa 0.6718</p>

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