Australia Consumer Confidence  1974-2018 | Data | Chart | Calendar

The Melbourne Institute and Westpac Bank Consumer Sentiment Index for Australia declined by 3 percent month-over-month to 100.5 in September 2018. It was the weakest reading since November last year, amid increases in mortgage interest rates; political instability and household budget pressures. The measure of economic conditions for the next 12 months dropped 0.1 percent and that of the next five years fell 5.8 percent. In addition, the index of family finances compared to a year ago and the outlook for the next 12 months both decreased 3.6 percent. Also, the measure of whether it was a good time to buy a major household item declined 2.2 percent, the lowest in ten months. “This is the weakest sentiment read since November last year,” said Westpac chief economist Bill Evans. The bright spot in the survey was around consumer views on the labour market which showed a significant improvement across all the major states, he added. Consumer Confidence in Australia averaged 101.35 Index Points from 1974 until 2018, reaching an all time high of 123.94 Index Points in May of 2007 and a record low of 64.61 Index Points in November of 1990.

Australia Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-15 12:30 AM Westpac Consumer Confidence Change -2.3% 3.9%
2018-09-12 12:30 AM Westpac Consumer Confidence Index 100.5 103.6 101
2018-09-12 12:30 AM Westpac Consumer Confidence Change -3% -2.3%
2018-10-11 12:30 AM Westpac Consumer Confidence Change -3%
2018-10-11 12:30 AM Westpac Consumer Confidence Index 100.5 102
2018-11-14 11:50 PM Westpac Consumer Confidence Change


Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 100.50 103.60 123.94 64.61 Index Points [+]
Retail Sales MoM 0.00 0.40 8.10 -10.60 percent [+]
Retail Sales YoY 3.20 3.00 12.70 1.90 percent [+]
Consumer Spending 258440.00 256756.00 258440.00 33014.00 AUD Million [+]
Disposable Personal Income 298813.00 297957.00 298813.00 3108.00 AUD Million [+]
Personal Savings 1.00 2.10 20.60 -0.70 percent [+]
Consumer Credit 2750.93 2738.77 2750.93 35.83 AUD Billion [+]
Private Sector Credit 0.40 0.30 2.90 -0.50 percent [+]
Households Debt To Gdp 121.70 120.80 122.50 34.20 percent of GDP [+]
Bank Lending Rate 8.65 8.65 20.50 8.10 percent [+]
Gasoline Prices 1.07 1.09 1.67 0.46 USD/Liter [+]
Consumer Confidence Current Conditions 102.19 99.24 131.41 70.47 [+]
Consumer Confidence Economic Expectations 92.87 94.23 127.29 59.25 [+]
Consumer Confidence Financial Expectations 98.41 102.77 124.40 79.00 [+]
Consumer Confidence Major Purchases Expectations 122.03 117.09 154.86 71.04 [+]


Australia Consumer Confidence

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. Australia Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
100.50 103.60 123.94 64.61 1974 - 2018 Index Points Monthly
SA




consumer confidence by Country
Country Last
Argentina 36.20 Aug/18
Australia 100.50 Sep/18
Brazil 104.70 Aug/18
Canada 55.77 Sep/18
China 119.70 Jul/18
Euro Area -2.90 Sep/18
France 97.00 Aug/18
Germany 10.50 Sep/18
India 97.00 Jun/18
Indonesia 121.60 Aug/18
Italy 115.20 Aug/18
Japan 43.30 Aug/18
Mexico 101.80 Aug/18
Netherlands 19.00 Sep/18
Russia -8.00 Jun/18
Saudi Arabia 107.00 Jun/18
South Africa 38.00 Sep/18
South Korea 99.20 Aug/18
Spain 102.40 Aug/18
Switzerland -7.00 Sep/18
Turkey 59.30 Sep/18
United Kingdom -7.00 Aug/18
United States 100.80 Sep/18


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