Consumer confidence fell 3.4pts, and the four-week moving average declined 0.4pts.
Confidence fell in New South Wales, Victoria, Queensland and Western Australia, but was unchanged in South Australia.
‘Weekly inflation expectations’ rose 0.5ppt to 5.4%, while the four-week moving average was unchanged at 5.2%.
‘Current financial conditions’ were down 2.8pts and ‘Future financial conditions’ dropped 8.3pts.
‘Current economic conditions’ decreased by 2.0pts and ‘Future economic conditions’ weakened 2.8pts.
The ‘Time to buy a major household item’ subindex fell 0.8pts.