Australia Consumer Confidence  1974-2017 | Data | Chart | Calendar

The Westpac-Melbourne Institute Consumer Sentiment Index for Australia rose 3.6 percent month-on-month to 101.35 in October of 2017 as optimist outnumbered pessimist for the first time since November 2016. It was the strongest confidence this year as expectations for the economic outlook over the next 12 months jumped 7.1 percent and those for the outlook over the next five years went up by 1.4 percent. In addition, the measure of family finances over the next 12 months increased by 4.2 percent and that of family finances compared to a year ago edged up 1.0 percent. In addition, the gauge of whether it was a good time to buy major household items rose 3.7 percent. "Consistent reports of an improving global economy may have been a factor behind this lift in confidence, said Westpac’s chief economist, Bill Evans. It is also likely that concerns about rising interest rates associated with overheated housing markets have eased, he added Consumer Confidence in Australia averaged 101.32 from 1974 until 2017, reaching an all time high of 123.94 in May of 2007 and a record low of 64.61 in November of 1990.

Australia Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2017-09-13 12:30 AM Westpac Consumer Confidence Index 97.9 95.5 96
2017-10-11 12:30 AM Westpac Consumer Confidence Index 101.35 97.9 97.5
2017-10-11 12:30 AM Westpac Consumer Confidence Change 3.6% 2.5%
2017-11-14 11:30 PM Westpac Consumer Confidence Change
2017-11-14 11:30 PM Westpac Consumer Confidence Index 97.2
2017-12-12 11:30 PM Westpac Consumer Confidence Change


Australia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 101.35 97.90 123.94 64.61 [+]
Retail Sales MoM -0.60 -0.20 8.10 -10.60 percent [+]
Retail Sales YoY 3.50 3.50 12.70 2.00 percent [+]
Consumer Spending 243348.00 241693.00 243348.00 32504.00 AUD Million [+]
Disposable Personal Income 292337.00 289308.00 292337.00 3108.00 AUD Million [+]
Personal Savings 4.60 4.70 20.60 -0.70 percent [+]
Consumer Credit 2650.14 2639.65 2650.14 35.83 AUD Billion [+]
Private Sector Credit 0.50 0.50 2.90 -0.50 percent [+]
Households Debt To Gdp 122.00 123.10 125.20 34.20 percent of GDP [+]
Bank Lending Rate 8.65 8.65 20.50 8.10 percent [+]
Gasoline Prices 0.98 1.02 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
101.35 97.90 123.94 64.61 1974 - 2017 Monthly
SA




consumer confidence by Country

Last
Australia 101.35 Oct/17
Brazil 98.50 Sep/17
Canada 55.00 Oct/17
China 114.70 Aug/17
Euro Area -1.20 Sep/17
France 101.00 Sep/17
Germany 10.80 Oct/17
India 128.00 Jun/17
Indonesia 123.80 Sep/17
Italy 115.50 Sep/17
Japan 43.90 Sep/17
Mexico 88.80 Sep/17
Netherlands 23.00 Sep/17
Russia -11.00 Sep/17
South Korea 107.70 Sep/17
Spain 103.20 Sep/17
Switzerland -3.00 Sep/17
Turkey 68.70 Sep/17
United Kingdom -9.00 Sep/17
United States 101.10 Oct/17