Consumer confidence decreased by 2.1pts. Among the mainland states, confidence fell in NSW, Victoria, Queensland and SA, while it rose slightly in WA.
'Weekly inflation expectations’ rose 0.5ppt to 5.6%, but its four-week moving average was unchanged at 5.5%.
‘Current financial conditions’ rose 1.1pts but remained below 70 for a sixth consecutive week. ‘Future financial conditions’ lost 5.5pts.
‘Current economic conditions’ fell 1.2pts, while ‘future economic conditions’ were practically unchanged with a 0.1pt decline.
'Time to buy a major household item’ dropped 4.5pts after a 2.9pt rise the week before.