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Australia Westpac Consumer Sentiment

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Australia Westpac Consumer Sentiment

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
Oct 07, 2024
Actual
6.2%
Previous
-0.5%
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.
Importance:
Country:
Currency: AUD
Source: Westpac Banking Corporation
Australia Westpac Consumer Sentiment
 
Release Date Time Actual Forecast Previous
Oct 09, 2024 (Oct) 10:30     -0.5%
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%
Jun 25, 2024 (Jun) 11:30 1.7%   -0.3%

News

Australia consumer sentiment improves in Oct- Westpac
Australia consumer sentiment improves in Oct- Westpac By Investing.com - 5 hours ago

Investing.com-- Australian consumer sentiment hit an over two-year high in early-October, a private survey showed on Tuesday, amid growing confidence that local interest rates will not rise...

Analysis

David Bassanese
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David Bassanese
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...

Westpac Consumer Sentiment Discussion

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