Consumer sentiment remains in the doldrums.ANZ:ANZ-Roy Morgan Aus Consumer Confidence dropped by just 0.2% last week despite the RBA’s interest rate rise. Confidence of mortgage holders dropped by 5.0%, while outright owners and renters rose by 1.3% and 2.6% respectively. —There was data out a little earlier from Commonwealth Bank of Australia. The CBA measure of household spending for April.-3.8% m/m vs. March was +9.2%and +5.0% y/y (prior +5.6%)
Australian weekly consumer confidence survey 90.5 (prior 90.7)
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