Australia June Westpac/Melbourne Consumer Confidence Index MoM

2025/06/10 00:30:00

Westpac Banking Corporation and Melbourne Institute announced the Australia June Westpac/Melbourne Consumer Confidence Index MoM on 2025-06-10. The reported figure stands at 0.5%, with the prior figure recorded as 2.20%.

Regarding the Australia June Westpac/Melbourne Consumer Confidence Index MoM, Actual value > Expected value = Bullish for AUD, The West Pacific Consumer Sentiment Index is an indicator that measures the level of consumer confidence in economic activity. It is a leading indicator because it can predict consumer spending, which is a major component of overall economic activity. A higher index indicates greater consumer optimism. Therefore, if the index is higher than expected, the Australian dollar should be considered strong/bullish, while if the index is lower than expected, the Australian dollar should be considered weak/bearish.

This data holds an importance level of , calculated using This indicator is derived from asking around 1,200 consumers about their evaluation of future economic development, and updates monthly. The next release is set for 2025-07-15 08:30:00.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.

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