Australia Consumer Confidence

Consumer Confidence in Australia increased to 99.73 in April of 2014 from 99.46 in March of 2014. Consumer Confidence in Australia is reported by the Westpac Banking Corporation, Melbourne Institute. Consumer Confidence in Australia averaged 101.94 from 1974 until 2014, reaching an all time high of 127.67 in January of 2005 and a record low of 64.61 in November of 1990. The Consumer Sentiment Index is based on a survey of over 1,200 Australian households. The Index is an average of five component indexes which reflect consumers' evaluations of their household financial situation over the past year and the coming year, anticipated economic conditions over the coming year and the next five years, and buying conditions for major household items. The index scores above 100 indicate that optimists outweigh pessimists. This page provides - Australia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
99.73 99.46 127.67 64.61 100.08 | 2014/05 1974 - 2014 Monthly

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Australia Consumer Confidence
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CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-03-11 11:30 PM Australia
WESTPAC Consumer Confidence Change
Mar 2014 -0.70% -3.0%
2014-03-11 11:30 PM Australia
WESTPAC Consumer Confidence Index
Mar 2014 99.5 100.2 104.82
2014-04-09 01:30 AM Australia
WESTPAC Consumer Confidence Change
Apr 2014 0.3% -0.7%
2014-04-09 01:30 AM Australia
WESTPAC Consumer Confidence Index
Apr 2014 99.7 99.5 100.75
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Consumer Last Previous Highest Lowest Forecast Unit
Retail Sales MoM 0.20 2014-02-28 1.20 8.10 -10.60 0.44 2014-03-31 Percent [+]
Retail Sales YoY 5.90 2014-02-28 5.60 31.90 -6.10 6.77 2015-01-31 Percent [+]
Consumer Spending 208386.00 2013-11-15 206764.00 208386.00 28872.00 211492.22 2014-03-31 AUD Million [+]
Disposable Personal Income 263428.00 2013-11-15 261970.00 263428.00 3100.00 267320.08 2014-03-31 AUD Million [+]
Personal Savings 9.70 2013-11-15 10.60 21.60 -2.00 10.08 2014-03-31 Percent [+]
Private Sector Credit 0.48 2014-02-15 0.29 2.90 -0.49 0.43 2014-03-31 Percent [+]
Consumer Confidence 99.73 2014-04-15 99.46 127.67 64.61 100.08 2014-05-31 [+]
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Consumer Confidence | Notes
Consumer confidence is an indicator designed to measure the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people are about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. If consumer confidence is higher, consumers are making more purchases, boosting the economic expansion. On the other hand, if confidence is lower, consumers tend to save more than they spend, prompting the contraction of the economy.


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