A series of confidence reports in the next week will capture the mood of Australian consumers and business.
The survey - which analyses CBA payments data, loan applications and publicly available search activity on Google Trends - dropped 3.8 per cent in April after reaching a record high in March. The weekly ANZ-Roy Morgan confidence index - delayed a day due to Monday's holiday - dropped to its lowest level since mid-August 2020 last week in the face of escalating price pressures.
Bombing with the introduction of the AnAl government same occurred in the US with Joetato
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