Westpac Consumer Confidence Index (s.a.) for April is +0.3% to 99.7
- First move higher in 5 monthsBut down 4.9% y/y
- Consumers a little less worried about their jobs, with expectations of unemployment falling by 3.2%
- Improvement in the outlook for the economy over the next 12 months,up 10.5 % m/m
- But, the outlook for the economy over the next five years fell 4.2%
- A good or bad time to buy a major household item also – response was down 8.7% on the month
- The sub-index on good or bad time to buy a dwelling was down 3.9% in April
