Australia weekly consumer confidence dropped to 106.0 (from prior 107.4) – ForexLive

ANZ highlight that only 16.3% of respondents expect ‘good times’ for the economy over the next 5 years, which is the lowest result since August of 2020.

 Inflation expectations rose 0.2% to 4.8%, which is under its recent high. Petrol prices jumped more than 3% in the past 2 weeks.

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