Australian Consumer Confidence Up 2.2 Points Last Week, ANZ Roy Morgan Says

News Room
By News Room 0 Min Read

By James Glynn

SYDNEY–Australian consumer confidence showed tentative signs of recovery last week, while at the same time inflation expectations fell 3 percentage points, to 4.9% on-year, the lowest reading since February 2022, before Russia invaded Ukraine.

Consumer confidence rose by 2.2 points, and the four-week moving average lifted 1.0…

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