Consumer confidence gained 1.3 per cent last week amid falling petrol prices. Among the major states, confidence increased in NSW and WA, while it dropped in Victoria, Queensland and SA.

• 'Weekly inflation expectations' remained steady at 5.8 per cent despite a significant drop in petrol prices. Its four-week moving average was also unchanged at 6.0 per cent.

• All the confidence subindices registered gains for a second consecutive week. 'Current financial conditions' increased by 1.1 per cent and 'future financial conditions' rose 1.0 per cent.

• 'Current economic conditions' increased by 0.7 per cent after a 4.7 per cent increase the week before. 'Future economic conditions' rose 1.8 per cent.

• 'Time to buy a major household item' increased 1.6 per cent.

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ANZ - Australia & New Zealand Banking Group Ltd. published this content on 12 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2022 00:20:09 UTC.