Oz Blog News Commentary

Consumer confidence dead cat bounces

August 16, 2022 - 10:39 -- Admin

After last week crashing to its lowest level since April 2020, the ANZ-Roy Morgan weekly consumer confidence index rebounded 4.9% to its highest level since late June: The key movements in the sub-indexes were as follows: Consumer confidence jumped 4.9% last week, completely reversing the drop following the RBA’s August rate hike. Confidence is the

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