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.