Westpac-mi consumer sentiment index
Westpac says the result will be “unsettling for the RBA”. Australian consumer sentiment fell heavily this month, registering the largest monthly decline in over three years. The Westpac-MI index fell 4.7% to 99.6, the first sub-100 result since November 2017. election result in May looks to be fading with sentiment amongst “Coalition voters retracing over three quarters of the 7.5% jump in June. Sentiment also recorded a big 10 July 2019 • The Westpac-Melbourne Institute Index of Consumer Sentiment fell 4.1% to 96.5 in July from 100.7 in June. Consumer Sentiment Index 70 80 90 100 110 120 130 70 80 90 100 110 120 the ‘finances vs a year ago’ sub-index was down by 4.9% and the ‘finances, next 12 months’ sub-index was down by 9 October 2019 • The Westpac-Melbourne Institute Index of Consumer Sentiment fell 5.5% to 92.8 in October from 98.2 in September. Consumer Sentiment Index 70 80 90 100 110 120 130 70 80 90 100 110 120 130 Oct-03 Oct-07 Oct-11 Oct-15 Oct-19 At 113.4, the sub-index is well below its long run average of 127 and 4.1% down on last year, suggesting consumers are likely to be extra cautious, particularly in December and January. 22 January 2020 • The Westpac-Melbourne Institute Index of Consumer Sentiment declined 1.8% to 93.4 in January from 95.1 in December. Consumer Sentiment Index
Westpac-MI Index of Consumer Sentiment. In November, the Westpac-Melbourne Institute Index of Consumer Sentiment increased by 4.5 per cent to 97 compared to 92.8 in October, after falling 5.5 per cent in October.
All index components recorded material declines in October. Consumer expectations for the economy recorded the biggest falls - the 'economy, next 5 years' sub-index plunged 9.1% and the 'economy, next 12 months' sub-index dropped by 6%. October marks the first month both sub-indexes have been below their long run average levels since April 2016. The Westpac- Melbourne Institute Index of House Price Expectations Index posted a spectacular 22.7% gain in June, moving from deep negative territory of 89.4 to a clear positive read of 109.7. This is the highest level since August 2018 but still well below the long run average read of 126. Westpac says the result will be “unsettling for the RBA”. Australian consumer sentiment fell heavily this month, registering the largest monthly decline in over three years. The Westpac-MI index fell 4.7% to 99.6, the first sub-100 result since November 2017. election result in May looks to be fading with sentiment amongst “Coalition voters retracing over three quarters of the 7.5% jump in June. Sentiment also recorded a big 10 July 2019 • The Westpac-Melbourne Institute Index of Consumer Sentiment fell 4.1% to 96.5 in July from 100.7 in June. Consumer Sentiment Index 70 80 90 100 110 120 130 70 80 90 100 110 120 the ‘finances vs a year ago’ sub-index was down by 4.9% and the ‘finances, next 12 months’ sub-index was down by 9 October 2019 • The Westpac-Melbourne Institute Index of Consumer Sentiment fell 5.5% to 92.8 in October from 98.2 in September. Consumer Sentiment Index 70 80 90 100 110 120 130 70 80 90 100 110 120 130 Oct-03 Oct-07 Oct-11 Oct-15 Oct-19 At 113.4, the sub-index is well below its long run average of 127 and 4.1% down on last year, suggesting consumers are likely to be extra cautious, particularly in December and January. 22 January 2020 • The Westpac-Melbourne Institute Index of Consumer Sentiment declined 1.8% to 93.4 in January from 95.1 in December. Consumer Sentiment Index stage; and (2) the Westpac-MI Consumer Sentiment Index for March slumping from 95.5 to 91.9, to be at a five year low and the second lowest read since the Global Financial Crisis.
•The Westpac-Melbourne Institute Index of Consumer Sentiment fell 4.1% to 96.5 in July from 100.7 in June. The fall in sentiment this month is troubling as it comes against what should have been a supportive backdrop for confidence.
Westpac says the result will be “unsettling for the RBA”. Australian consumer sentiment fell heavily this month, registering the largest monthly decline in over three years. The Westpac-MI index fell 4.7% to 99.6, the first sub-100 result since November 2017. election result in May looks to be fading with sentiment amongst “Coalition voters retracing over three quarters of the 7.5% jump in June. Sentiment also recorded a big 10 July 2019 • The Westpac-Melbourne Institute Index of Consumer Sentiment fell 4.1% to 96.5 in July from 100.7 in June. Consumer Sentiment Index 70 80 90 100 110 120 130 70 80 90 100 110 120 the ‘finances vs a year ago’ sub-index was down by 4.9% and the ‘finances, next 12 months’ sub-index was down by 9 October 2019 • The Westpac-Melbourne Institute Index of Consumer Sentiment fell 5.5% to 92.8 in October from 98.2 in September. Consumer Sentiment Index 70 80 90 100 110 120 130 70 80 90 100 110 120 130 Oct-03 Oct-07 Oct-11 Oct-15 Oct-19 At 113.4, the sub-index is well below its long run average of 127 and 4.1% down on last year, suggesting consumers are likely to be extra cautious, particularly in December and January. 22 January 2020 • The Westpac-Melbourne Institute Index of Consumer Sentiment declined 1.8% to 93.4 in January from 95.1 in December. Consumer Sentiment Index stage; and (2) the Westpac-MI Consumer Sentiment Index for March slumping from 95.5 to 91.9, to be at a five year low and the second lowest read since the Global Financial Crisis.
The Westpac Consumer Sentiment Index measures the change in the level of consumer confidence in economic activity. On the index, a level above 100.0
The Melbourne Institute and Westpac Bank Consumer Sentiment Index for Australia declined 3.8 percent month-over-month to an over five-year low of 91.9 in The Westpac Consumer Sentiment Index measures the change in the level of consumer confidence in economic activity. On the index, a level above 100.0
• The Westpac-Melbourne Institute Index of Consumer Sentiment rose 0.6% to 101.3 in May from 100.7 in April. The overall movement in the Index in May is modest. It is also important to note that the Index has held above 100 for ten of the last twelve months.
At 113.4, the sub-index is well below its long run average of 127 and 4.1% down on last year, suggesting consumers are likely to be extra cautious, particularly in December and January. 22 January 2020 • The Westpac-Melbourne Institute Index of Consumer Sentiment declined 1.8% to 93.4 in January from 95.1 in December. Consumer Sentiment Index
The Westpac Consumer Sentiment Index measures the change in the level of consumer confidence in economic activity. On the index, a level above 100.0 reports include: Westpac–Melbourne Institute Leading Index of Economic Activity Close. Westpac–Melbourne Institute Survey of Consumer Sentiment 11 Mar 2020 The Westpac-MI consumer sentiment index fell 3.8 per cent to 91.9 points in March, driven by a “spectacular” plunge in households' confidence 20 Jan 2020 We expect a 0.4% rise in the Consumer Price Index for the Aus Jan Westpac- MI Consumer Sentiment Aus Consumer Sentiment Index. 70. 11 May 2016 The Westpac-Mi consumer sentiment index surged by 8.5% to 103.2, leaving confidence levels at the highest level seen since January 2014. 13 Nov 2019 The Westpac-Melbourne Institute Index of Consumer Sentiment measure for November 2019 remained negative 97.0. 11 Mar 2020 The Westpac-MI leading index is a composite index that constitutes nine economic indicators related to consumer confidence, stock market prices