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Westpac Consumer Confidence Index

AU

Key Values

Actual
88.9
Forecast
81.7
Previous
83.9

About This Indicator

Description

The Westpac-Melbourne Institute Consumer Confidence Index provides a monthly assessment of consumer sentiment in Australia. It tracks how households feel about their finances, the short-term economic outlook, and whether it is a good time to buy major household items. This index is a critical leading indicator for the Reserve Bank of Australia when assessing domestic demand.

Methodology

The index is derived from a survey of 1,200 households across Australia, using five key questions to calculate a balance of opinion on economic and financial conditions.

Source: Australian Bureau of Statistics

Full History

Historical Data
View data as table
DateActualForecastSurprise
Aug 18, 202688.9081.70+7.20
Jul 14, 202683.9082.60+1.30
Jun 9, 202680.6082.00-1.40
May 19, 202683.0079.20+3.80
Apr 14, 202680.1089.00-8.90
Mar 9, 202691.6089.50+2.10
Feb 9, 202690.5090.00+0.50
Jan 12, 202692.9097.00-4.10
Dec 15, 202594.50104.00-9.50
Nov 10, 2025103.8094.70+9.10
Oct 6, 202592.1097.80-5.70
Sep 9, 202595.4099.40-4.00
Aug 19, 202598.5093.20+5.30
Jul 15, 202593.1093.00+0.10
Jun 10, 202592.6094.40-1.80
May 13, 202592.1090.50+1.60
Apr 8, 202590.1095.00-4.90
Mar 10, 202595.9092.00+3.90
Feb 10, 202592.2092.60-0.40
Jan 13, 202592.10——
Dec 16, 202492.8096.00-3.20
Nov 11, 202494.6089.50+5.10
Oct 8, 202489.8084.30+5.50
Sep 10, 202484.6084.00+0.60
Aug 13, 202485.0083.00+2.00
Jul 9, 202482.7083.40-0.70
Jun 25, 202483.6082.00+1.60
May 21, 202482.2083.10-0.90
Apr 9, 202482.4084.80-2.40
Mar 25, 202484.4084.60-0.20
Feb 12, 202486.0080.40+5.60
Jan 15, 202481.0082.50-1.50
Dec 11, 202382.1082.30-0.20
Nov 13, 202379.9082.60-2.70
Oct 9, 202382.0079.10+2.90
Sep 12, 202379.7081.50-1.80
Aug 8, 202381.0080.70+0.30
Jul 11, 202381.3080.40+0.90
Jun 13, 202379.2081.50-2.30
May 16, 202379.0082.10-3.10
Apr 11, 202385.8079.70+6.10
Mar 13, 202378.5079.10-0.60
Feb 13, 202378.5085.30-6.80
Jan 16, 202384.3078.40+5.90
Dec 12, 202280.0080.000.00
Nov 7, 202278.0082.70-4.70
Oct 10, 202283.7082.00+1.70
Sep 13, 202284.4080.50+3.90
Aug 9, 202281.2085.00-3.80
Jul 12, 202283.8085.00-1.20

Statistics

Mean
87.4
Std Deviation
6.32
Trend
Rising
Forecast Accuracy
71.8%
Data Points
156
YoY
-4.20