Westpac Banking Corporation and Melbourne Institute announced the Australia July Westpac/Melbourne Consumer Confidence Index on 2025-07-15. with the prior figure recorded as 92.6.
Regarding the Australia July Westpac/Melbourne Consumer Confidence Index, Actual value > Forecast value = Bullish for AUD, The West Pacific Consumer Sentiment Index is a measure of the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which is a major component of overall economic activity. A higher index indicates greater consumer optimism.
This data holds an importance level of , calculated using The index is derived from asking approximately 1,200 consumers for their evaluation of future economic development, and updates monthly.
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.