Consumer confidence at a 2025 low

Consumer confidence dropped 3.1 points last week to 83.8 points. The four-week moving average fell 0.3 points to 87.1 points.

‘Weekly inflation expectations’ rose 0.1 percentage point to 4.8 per cent, while the four-week moving average was steady at 4.6 per cent.

‘Current financial conditions’ (over the last year) decreased 2.9 points, while ‘future financial conditions’ (next 12 months) declined 4.5 points.

‘Short-term economic confidence’ (next 12 months) lowered 4.9 points and ‘medium-term economic confidence’ (next five years) weakened 1.7 points.

The ‘time to buy a major household item’ subindex fell 1.8 points.

"Consumer Confidence dropped 3.1 points last week to 83.8 points, its lowest level since October 2024," ANZ Economist, Sophia Angala said.

"The series has dropped 3.9 points in the last fortnight. The impacts of ex-Tropical Cyclone Alfred have pushed Queensland confidence to equal-lowest with South Australia, while global trade uncertainty may be weighing on confidence nationally.

"There was a decline across all subindices last week. Households continue to feel less confident about the economic outlook, with the 12-month outlook falling 4.9 points to below its second half 2024 average.

"Confidence in the five-year economic outlook fell 1.7 points. Meanwhile, households are feeling less confident in their financial conditions over the next year, as the subindex declined 4.5 points to fall below the neutral 100 point level for the first time since December 2024."

Download PDF

Media contact

Judy Hang

+61 479 173 821