Medium Impact
AUD - Westpac Consumer Confidence - Mar.
March 09, 2010 23:30 GMT
Actual
.2%
Forecast
Previous
-2.60%
Source:
Australian Industry Group (AiG)
Measures (What does it measure?):
Consumer confidence; this averages five index surveys that measure consumer fiscal health.
Frequency:
Monthly.
Purpose (Why should traders care?):
This index is one of a handful of indicators that are entirely expectations based. Participants are surveyed on current buying conditions, where to invest, economic conditions, and future monetary policy.
Also Known As:
Westpac-Melbourne Institute Survey of Consumer Sentiment, Consumer Sentiment Index