Consumer confidence rises

Consumer confidence rose 2.3 points last week to 66.4 points. The four-week moving average lifted 0.5 points to 66.4 points.

‘Weekly inflation expectations’ eased 0.4 percentage points to 6.0 per cent, while the four-week moving average fell 0.3 percentage points to 6.4 per cent.

‘Current financial conditions’ (over the last year) was up 2.1 points, while ‘future financial conditions’ (next 12 months) increased 1.0 points.

‘Short-term economic confidence’ (next 12 months) gained 2.2 points, and ‘medium-term economic confidence’ (next five years) climbed 2.4 points.

The ‘time to buy a major household item’ subindex gained 3.8 points. 

Image 

"ANZ-Roy Morgan Australian Consumer Confidence rose 2.3 points last week to 64.1 points, but confidence remains around historical lows since the series began in 1973," said ANZ Economist, Sophia Angala.

"All subindices improved last week. This occurred alongside the release of Australia’s Budget 2026-27 and Q1 wages data.

"Weekly inflation expectations fell to 6.0 per cent last week, their lowest level since early March, though still 0.6 percentage points higher than at the beginning of the year. The still-elevated level of inflation expectations likely reflects higher fuel prices over recent months and some risk of secondround effects (where higher input costs, such as fuel or fertiliser, flow through to goods and services broadly)."

Download PDF

For media enquiries contact:

Siobhan Jordan

Senior Manager,  Media Relations

+61 403 988 326