Headline consumer confidence suffered a large fall of 4.6 points (-4.1 per cent) and all subindices weakened.
'Current financial conditions' declined 5.8 points (-5.6 per cent), more than offsetting the previous week's gain, while 'future financial conditions' fell 4.3 points (-3.4 per cent).
'Current economic conditions' dropped 4.0 points (-3.9 per cent), while 'future economic conditions' softened for the fourth week in a row by 0.8 points (-0.7 per cent).
'Time to buy a major household item' fell 7.9 points (-6.6 per cent), its largest fall since August 2020. Both 'weekly inflation expectations' and its four week moving average remained steady at 3.7 per cent and 3.8 per cent respectively.
ANZ - Australia & New Zealand Banking Group Ltd. published this content on 07 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 April 2021 00:15:03 UTC.