Australia economic data - ANZ Roy Morgan weekly Consumer Sentiment: 110.8 (prior 110.3). For the week ended March 15

ANZ comments on the release:

  • Below the monthly average level
  • 1.4% below the year-ago level
  • Attribute the week's gain to a slight tick lower in the unemployment rate & reduced poor news flow around the budget
  • Sub-index 'financial situation compared to a year ago' up 2.0%
  • "Financial situation next year" up 2.3%
  • 'Economic conditions for the next twelve months' fell last week and remains well below households' view of the own finances over the coming year

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AUD basically unmoved .... this is a lower-tier data point.