Consumer confidence terrible

Wednesday 26 April 2023

ANZ-Roy Morgan Consumer Confidence sat below 80 for the 8th week. This is more weeks below 80 than over the whole of 2020-22, revealing the effects of ongoing inflation and the adjustment to restrictive monetary policy. #ausecon @AdelaideTimbrel @arindam_chky @RoyMorganAus pic.twitter.com/AaPu6q03YH
— ANZ_Research (@ANZ_Research) April 25, 2023

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.