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The ANZ-Roy Morgan consumer confidence index falling 1.4% in the weekend of 24-25 April to 112.4 points, although it remains above the four-week average of 112.1 points:
The ANZ-Roy Morgan consumer confidence report fell in the weekend of 24/25 April.
According to ANZ Head of Australian Economics, David Plank, the fall in confidence was driven by the snap three-day lockdown across Greater Perth:
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.