Australia weekly consumer confidence survey still deeply pessimistic at 85.9 (prior 87.7)

ANZ-Roy Morgan Australian Consumer Confidence weekly survey.

Comments from ANZ, in brief:

• Confidence headline rating softened by 1.8pts to 85.9 last week: the first drop in confidence in 2023.
• Household inflation expectations rose 0.3ppt to 5.7% but are below the late 2022 level

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Earlier data from Australia already today:

• Australian January preliminary PMI, manufacturing 49.8 (prior 50.2)