Subject: ANZ-Roy Morgan Consumer Confidence increased 3.5pts to 67.8 in late April – highest for over a month

⚡️ Highlights:

1. ANZ-Roy Morgan Consumer Confidence increased by 3.5pts to 67.8 this week, but it is still the seventh lowest reading of all time.
2. Consumer Confidence is 15.6pts lower than a year ago and 4.8pts below the 2026 weekly average.
3. Consumer Confidence improved in Victoria and South Australia, was up slightly in New South Wales and Queensland, but down in Western Australia.
4. Net sentiment regarding the economy over the next year and next five years improved this week.
5. Weekly inflation expectations fell to 6.6%, the lowest rate since early March, ahead of the Q1 CPI release. RBA is expected to increase the cash rate by 25bp at its May meeting.

✍️ Roy Morgan | Full Article

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