Westpac Consumer Confidence Index for July up 1.5% to 108.8
prior -5.2% m/m to 107.2
Confidence in Sydney (under lockdown now and for the coming weeks) was a huge drag on the results, down move than 13% on the month ... but more than made up for higher elsewhere.
Westpac's survey was conducted July 5-9, during the lock-down in Sydney and restrictions elsewhere across the state (NSW) and prior to the tighter restrictions (announced July 9).
more to come