The weekly consumer sentiment data (latest here Australian weekly consumer confidence survey 90.5 (prior 90.7)) is languishing well in pessimistic territory.This monthly indicator, the same. Drops sharply to 90.4, its lowest since August of 2020. prior 95.7 more to come —Eyes are on inflation data ahead:Wednesday 11 May 2022 – Before the eagerly awaited US CPI we’ll get China CPI dataUS inflation data is the focus for Wednesday 11 May 2022
Australia – Westpac Consumer Confidence Index for May -5.6% m/m (vs. prior -0.9%)
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