Australia consumer confidence weekly survey drops again, down 2.8% on the week

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Australia consumer confidence weekly survey drops again, down 2.8% on the week

<p>ANZ Roy Morgan weekly survey of consumer sentiment, last week was 84.6.</p><p>Drops to 82.2 and its lowest since early in August.</p><p>ANZ are blunt:</p><ul><li>Consumer Confidence plunged 2.8%</li><li>inflation expectations hit its July peak</li><li>A weaker AUD and higher trend in petrol prices likely led household inflation expectations to surge to 6%</li></ul><p>AUD update (it tends not to move upon this data release):</p>

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

Source: Australia consumer confidence weekly survey drops again, down 2.8% on the week

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