ANZ-Roy Morgan Consumer Confidence 83.9, a 9wk low
- fell 1.6pts from 85.5 (this was a 2.9 point fall from its previous week!)
ANZ comment:
- despite the RBA signalling its comfort with the inflation outlook after its December meeting
- fall was driven by a 7.9pt fall in the ‘time to buy a major household item’
Deeply pessimistic to even more deeply pessimistic, again.
This article was written by Eamonn Sheridan at www.forexlive.com.
