Consumer confidence dead cat bounces on lower petrol prices

Tuesday 2 August 2022

The ANZ-Roy Morgan consumer confidence index has been released, with the index bouncing 2.1% last week – the third consecutive weekly rise – on lower petrol prices:

Dead cat bounce.

The main movements were as follows:

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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.