The weekly survey from ANZ-Roy Morgan for Australian Consumer Confidence. Fell this week after three weeks of gains.
Comes in at 82.7
- prior week 83.1
ANZ comment:
- improved sentiment around spending on major items is usual for this time of the year and was reflected in ANZ-observed spending in November which received a boost from Black Friday sales.
As part of the report is data for consumers' inflation expectations, These fell by 0.4 to 5.8%. Perhaps due to the drop in petrol prices.
