Consumer confidence nudges higher; household costs down
Data proves a good recipe to bake in rate cuts later this year.
ANZ survey makes gains this month, while still at subdued levels.
Consumer confidence has nudged higher, while household costs have edged lower, reinforcing calls for rate cuts later this year.
The ANZ-Roy Morgan Consumer Confidence Index rose five points to 87.9 in July.
That was still at very low levels but clawed back about half the March and April fall that
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