Consumer confidence fell 1.3 points last week to 85.4 points. The four-week moving average decreased 0.9 points to 86.4 points.
'Weekly inflation expectations' rose 0.2 percentage point to 4.9 per cent, while the four-week moving average ticked up 0.1 percentage point to 4.8 per cent.
'Current financial conditions' (over the last year) declined 1.0 points, while 'future financial conditions' (next 12 months) eased 1.6 points.
'Short-term economic confidence' (next 12 months) was unchanged, and 'medium-term economic confidence' (next five years) lowered 2.1 points.
The 'time to buy a major household item' subindex was down 2.0 points.
"ANZ-Roy Morgan Australian Consumer Confidence fell 1.3 points last week to 85.4 points, falling below its 2025 year-to-date average," ANZ Economist, Sophia Angala said.
"Escalating geopolitical uncertainty may have supported the softer headline result and may also have supported the rise in 'weekly inflation expectations' through consumer expectations around increases in oil prices.
"Recent domestic data has been sluggish, including evidence pointing to a soft business sectorfollowing closely after the weak Gross Domestic Product print for the first quarter."
