• Consumer confidence rose 1.7 points last week to 86.3 points. The four-week moving average declined 0.4 points to 86.5 points.
• 'Weekly inflation expectations' ticked up 0.1 percentage point to 5.1 per cent, with the four-week moving average at 4.9 per cent.
• 'Current financial conditions' (over the last year) increased 1.0 points, while 'future financial conditions' (next 12 months) was up 1.5 points.
• 'Short-term economic confidence' (next 12 months) improved 1.4 points, and 'medium-term economic confidence' (next five years) climbed 2.4 points.
• The 'time to buy a major household item' subindex rose 2.4 points.
"ANZ-Roy Morgan Australian Consumer Confidence rose 1.7 points to 86.3 points last week, supported by a lift across all the subindices. The headline measure is now just below the average it has held so far in 2025 (86.8 points). Weekly inflation expectations rose 0.1 percentage point last week after the monthly CPI indicator showed headline inflation at 3.0 per cent over the year to August, the top of the RBA's 2-3 per cent target band," said ANZ Economist Sophia Angala.
"We expect the RBA will keep the cash rate on hold at 3.60% today. In the post-meeting communications, it is likely Governor Bullock will emphasise the importance of ensuring that inflation remains contained. On a 4-week moving average basis, weekly inflation expectations have largely moved sideways over the past year, suggesting inflation expectations are anchored."
