The Westpac-Melbourne Institute Shopper Sentiment index in Australia fell 1.3% to 81 in January 2024, following a 2.7% improve within the earlier month. Shopper Confidence MoM in Australia averaged 0.11 p.c from 1974 till 2024, reaching an all time excessive of 18.00 p.c in September of 2020 and a file low of -17.70 p.c in April of 2020. supply: Westpac Banking Company, Melbourne Institute
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| Calendar | GMT | Reference | Precise | Earlier | Consensus | TEForecast | |
|---|---|---|---|---|---|---|---|
| 2023-12-11 | 11:30 PM |
Westpac Shopper Confidence Change |
Dec | 2.7% | -2.6% | 3% | |
| 2024-01-15 | 11:30 PM |
Westpac Shopper Confidence Change |
Jan | -1.3% | 2.7% | 0.5% | |
| 2024-02-12 | 11:30 PM |
Westpac Shopper Confidence Change |
Feb | -1.3% | -0.8% | ||
The Shopper Sentiment Index relies on a survey of over 1,200 Australian households. The Index is a mean of 5 element indexes which replicate customers’ evaluations of their family monetary state of affairs over the previous 12 months and the approaching 12 months, anticipated financial situations over the approaching 12 months and the subsequent 5 years, and shopping for situations for main home items. The index scores above 100 point out that optimists outweigh pessimists.
| Precise | Earlier | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| -1.30 | 2.70 | 18.00 | -17.70 | 1974 – 2024 | p.c | Month-to-month |
SA |
