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Australia Westpac Consumer Sentiment
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Latest Release
May 16, 2023
Actual-7.9%
Forecast-1.7%
Previous9.4%
The Westpac Consumer Sentiment Index measures the change in the level of consumer confidence in economic activity.
On the index, a level above 100.0 indicates optimism; below indicates pessimism.
The data is compiled from a survey of about 1,200 consumers which asks respondents to rate the relative level of past and future economic conditions.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Jun 13, 2023 (Jun) | 10:30 | -7.9% | |||
| May 16, 2023 (May) | 10:30 | -7.9% | -1.7% | 9.4% | |
| Apr 11, 2023 (Apr) | 10:30 | 9.4% | 1.5% | 0.0% | |
| Mar 14, 2023 (Mar) | 09:30 | 0.0% | -6.9% | ||
| Feb 14, 2023 (Feb) | 09:30 | -6.9% | 5.0% | ||
| Jan 17, 2023 (Jan) | 09:30 | 5.0% | 3.0% |
News
Asia FX dips on weak Chinese data, hawkish Fed comments
By Investing.com - May 16, 2023
Investing.com -- Most Asian currencies retreated on Tuesday as disappointing Chinese economic data posited a weak outlook for the region’s largest economy, while hawkish comments from Federal...
Asian stocks creep higher, China lags on disappointing data
By Investing.com - May 16, 2023
Investing.com -- Most Asian stock markets rose on Tuesday, tracking some overnight resilience in U.S. equities as markets awaited more cues on the world’s largest economy, although broader gains were...
Australian consumer sentiment worsens in May after RBA hike - Westpac
By Investing.com - May 16, 2023
Investing.com -- Australian consumer sentiment marked its sharpest drop in nearly three years in early-May, a private survey showed on Tuesday, dented chiefly by a surprise interest rate hike by the...
Analysis
RBA rate hikes still on the table
By David Bassanese - Apr 17, 2023
Global markets Global equities inched further ahead last week – despite a lift in bond yields – as generally mixed economic data kept intact expectations for at least one more US rate hike...
US economy remains firm despite market mayhem
By David Bassanese - Mar 20, 2023
Global markets Global equities enjoyed something of a relief rally over the past week as the world’s financial regulators played ‘whack a mole’ as each new banking problem raised its head. The US S&P...
The Overnight Report: Volatility
By Greg Peel - Mar 14, 2023
By Greg Peel And we’re back. Apologies for being off air yesterday. Data centre issue beyond our control. Recap Last week Silicon Valley Bank announced it was looking to raise new capital. The...
Westpac Consumer Sentiment Discussion
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