Westpac consumer sentiment trend
Sentiment fell to GFC-level lows through 2022 and 2023, then recovered as inflation cooled.
Series in this chart
- Sentiment
/v1/westpac/sentiment
Code that produces this
cURL
curl https://api.ausdata.io/v1/westpac/sentiment \
-H "Authorization: Bearer YOUR_KEY"Methodology
Monthly Westpac MI index.
Takeaways
- Sentiment leads retail trade by 2 to 3 months in some periods.
- Younger cohorts run more pessimistic than older.