Westpac Banking Corporation and Melbourne Institute announced the Australia August Westpac/Melbourne Consumer Confidence Index on 2025-08-19. with the prior figure recorded as 93.1.
Regarding the Australia August Westpac/Melbourne Consumer Confidence Index, Actual value > Forecast value = Bullish for Australian Dollar, The West Pacific Consumer Sentiment Index is a measure of consumer confidence levels in economic activity. It is a leading indicator because it can predict consumer spending, which is a major component of overall economic activity. A higher index indicates higher consumer optimism.
This data holds an importance level of , calculated using The indicator is derived from asking approximately 1,200 consumers for their assessment of future economic development, and updates monthly. The next release is set for 2025-09-09 08:30:00.
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1H | 24H | 7D | 30D | 1Y |
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1.099% | 10.38% | 1.85% | 20.25% | 5907.92% |