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Australian weekly consumer confidence survey hits its highest since January 2023

ANZ-Roy Morgan Australian Consumer Confidence survey for the week

+0.8pts to 84.9 highest since January 2023

ANZ say the jump might be due to last week’s better than expected jobs data.

As I noted at the time:

The headline jobless rate has not disappointed. And the headline employment addition appears very strong indeed, once again. The shine will be subdued somewhat by the loss of full-time employment, all jobs added in the month were part-time (part-time employment rose by 50,600).

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

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