Australian weekly consumer confidence survey drops to even more pessimistic ...Middle East

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Australian weekly consumer confidence survey drops to even more pessimistic

ANZ-Roy Morgan Australian Consumer Confidence weekly survey was out earlier, doing a bit of a catch up.

Comes in at 85.8

    prior 87.1inflation expectations 5.2% (prior 5%)

    ANZ comment:

    positive impact of the new year appears to be waningthe series is still up 1.9 points from the end of December

    ***

    Below 100 is a net pessimistic reading.

    This article was written by Eamonn Sheridan at www.forexlive.com.

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