Australia July Westpac/Melbourne Consumer Confidence Index MoM

Westpac Banking Corporation and Melbourne Institute announced the Australia July Westpac/Melbourne Consumer Confidence Index MoM on 2025-07-15. The reported figure stands at 0.6%, with the prior figure recorded as 0.50%.

Regarding the Australia July Westpac/Melbourne Consumer Confidence Index MoM, Actual value > Expected value = Positive for AUD, The West Pacific Consumer Sentiment Index is an indicator that measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which is a major part of overall economic activity. A higher index indicates greater consumer optimism. Therefore, if the index is higher than expected, the Australian dollar should be considered strong/bullish, while if the index is lower than expected, the Australian dollar should be considered weak/bearish.

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.

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