Consumer confidence rose 1.6 per cent last week. Among the major states, confidence increased in NSW, Victoria and SA, while it decreased in Queensland and WA.

• 'Weekly inflation expectations' increased 0.3 percentage points to 5.9 per cent, while its fourweek moving average rose 0.2 percentage points to 5.7 per cent.

• The subindices registered mixed results. 'Current financial conditions' dropped 0.3 per cent, its sixth straight weekly decline. 'Future financial conditions' gained 5.1 per cent after an 18.8 per cent fall over the previous three weeks.

• 'Current economic conditions' decreased 1.0 per cent after a 7.2 per cent loss the week before. 'Future economic conditions' were down slightly by 0.6 per cent.

• 'Time to buy a major household item' increased by 4.1 per cent.

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ANZ - Australia & New Zealand Banking Group Ltd. published this content on 21 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 June 2022 23:53:04 UTC.