Blogotariat

Oz Blog News Commentary

Aussie consumer confidence tumbles into recessionary abyss

July 5, 2022 - 10:45 -- Admin

The weekly ANZ-Roy Morgan Consumer Confidence Index has fallen 1.2% and remains firmly at recessionary levels: According to ANZ Head of Australian Economics, David Plank: Consumer confidence decreased 1.2% last week, driven by a 4ppt increase in the number of respondents who think it is a ‘bad time to buy’ a major household item. A

The post Aussie consumer confidence tumbles into recessionary abyss appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]