Westpac Consumer Confidence Index for February

  • I had said 2350GMT ... incorrect!
  • Due at 2330GMT

From earlier ...

Australia - Westpac Consumer Confidence Index (February)

  • prior +0.1% to 97.4
  • The weekly consumer sentiment data from ANZ has been on the slide in recent weeks
  • The data from Westpac today is from a survey conducted the week ended February 11.
  • WPAC is gently sanguine in its preview of the data, saying the RBA on hold decision that week "may ease consumer concerns about the economy", and that "other factors that often influence confidence look to be fairly benign this month". They may have a point, yesterday's NAB business confidence and conditions survey was a ripper- Business Confidence at 10 (jumping from the prior 6) and Business Conditions surging to 16 (prior 10) for its highest reading since 2007