Consumer confidence increased by 0.6pts. Among the mainland states, confidence rose in Victoria and South Australia and fell slightly in New South Wales, Queensland and Western Australia.
‘Weekly inflation expectations’ were up 0.1ppt to 5.3%. Its four-week moving average was steady at 5.3%.
‘Current financial conditions’ were up 0.9pts. ‘Future financial conditions’ declined 3.0pts.
‘Current economic conditions’ fell 0.6pts, while ‘future economic conditions’ rose 2.7pts.
‘Time to buy a major household item’ increased by 2.7pts.