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Australia Westpac Consumer Sentiment
Latest Release
Dec 16, 2024
Actual-2.0%
Previous5.3%
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 | |
|---|---|---|---|---|---|
| Dec 17, 2024 (Dec) | 10:30 | -2.0% | 5.3% | ||
| Nov 12, 2024 (Nov) | 10:30 | 5.3% | 6.2% | ||
| Oct 08, 2024 (Oct) | 10:30 | 6.2% | -0.5% | ||
| Sep 10, 2024 (Sep) | 11:30 | -0.5% | 2.8% | ||
| Aug 13, 2024 (Aug) | 11:30 | 2.8% | 0.5% | -1.1% | |
| Jul 09, 2024 (Jul) | 11:30 | -1.1% | 1.7% |
News
Australia consumer sentiment deteriorates in Dec- Westpac
By Investing.com - Dec 17, 2024
Investing.com-- Australian consumer sentiment fell in December, a private survey showed on Tuesday, reflecting renewed pessimism surrounding the economic outlook, and offsetting continued improvement...
Asia FX weakens as yuan slides; dollar firm amid bets on smaller rate cut
By Investing.com - Oct 08, 2024
Investing.com-- Most Asian currencies drifted lower on Tuesday, with the Chinese yuan weakening sharply as onshore trade resumed after a week-long holiday. The dollar remained in sight of recent...
Asian stocks fall amid rate, tech jitters; China shares return with a bang
By Investing.com - Oct 08, 2024
Investing.com-- Most Asian markets fell on Tuesday, tracking overnight weakness in Wall Street as strength in the U.S. job market drove bets that interest rates will remain relatively high. Chinese...
Analysis
Oil slick
By David Bassanese - Sep 11, 2023
Global markets Global equities pulled back last week as bond yields edged higher, with markets reflecting concerns regarding overly strong US economic growth and the ongoing strength in oil...
RBA rate hikes still on the table
By David Bassanese - Apr 17, 2023
Global marketsGlobal 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 marketsGlobal 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...
Westpac Consumer Sentiment Discussion
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