consumer confidence

Callum Thomas

Just wanted to quickly share this chart - it shows consumer sentiment across developed and emerging economies (GDP weighted) using the Reuters/Ipsos Consumer Sentiment Indexes. The chart (from my latest report) shows a clear trend towards new highs in consumer confidence for developed economies, and while emerging markets stumbled in... Show More

Elliot Clarke

From Westpac Chief Economist Bill Evans. The Westpac Melbourne Institute Index of Consumer Sentiment fell by 4.0% in April from 99.1 in March to 95.1 in April. This is a disappointing result. After holding above 100 in the November–February period, the Index has now been below 100 for two consecutive... Show More

Domestic retailers enjoyed a robust trading period through the end of 2015 and this strength appears to have continued into the early part of 2016. Matt Haupt, Portfolio Manager at Wilson Asset Management, says Australia remains in a reasonably good position with underlying economic conditions remaining tough but not deteriorating.... Show More

Elliot Clarke

The combination of robust business conditions; another positive consumer sentiment report; and the very strong November labour force release gave significant weight to the RBA 'on hold' view this week. Increasingly, there is cause to be confident that consumption and non-mining investment will firm in 2016, supporting aggregate trend growth.... Show More

Elliot Clarke

This week saw the release of the September edition of the Westpac-MI consumer sentiment report. Global financial conditions weighed heavily on the outcome; within the detail, financial and economic expectations both fell. Also impacted by historically elevated concerns over the labour market, households' interest in purchasing major household items was... Show More

Elliot Clarke

The Westpac –Melbourne Institute Consumer Sentiment Index fell by 5.6% in September from 99.5 in August to 93.9 in September. September is the 17th month of the last 19 where the index has been below the 100 optimist/pessimist divide. Within the detail: consumers remained nervous over the labour market; were... Show More

Livewire News

The Conference Board Consumer Confidence Index®, which had improved in June, declined in July. The Index now stands at 90.9 (1985=100), down from 99.8 in June. The Present Situation Index decreased moderately from 110.3 last month to 107.4 in July, while the Expectations Index declined sharply to 79.9 from 92.8... Show More