Alongside the release of the ANZ Roy......>

AUSTRALIA: Alongside the release of the ANZ Roy Morgan Weekly Consumer

Confidence data the collators noted that "the flattening in the pandemic curve

and the recovery in equity markets may be helping to lift consumer confidence.

Better-than-expected news on the labour market may also have boosted sentiment.

Confidence is now close to 30% above the historic low reached on the last

weekend of March. While the recovery has been solid, sentiment is still well

below average. Inflation expectations have dropped, with the weekly reading of

3.1% the lowest since the survey began measuring inflation expectations in 2010.

The dramatic drop in petrol prices over recent weeks may be a major contributor

to the fall."