Economic Calendar

Wednesday, February 11, 2009

Australia’s Westpac February Consumer Confidence (Table)

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By Daniel Petrie

Feb. 11 (Bloomberg) -- Following is the table for Australia’s February consumer confidence index from Westpac Banking Corp. and the Melbourne Institute released in Sydney. Beginning February 2007 Westpac has resumed reporting seasonally adjusted figures.


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Feb. Jan. Dec. Nov. Oct. Sept. Year
2009 2009 2008 2008 2008 2008 Ago
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--------------------- MoM% ---------------------
Consumer sentiment -4.6% -2.3% 7.6% 4.3% -11.1% 7.0% -11.9%
Family finances, year ago 1.6% 10.6% 4.6% -7.8% -1.0% 3.6% -8.6%
Family finances, year ahead -6.2% -4.8% 5.3% -0.1% -5.8% 9.3% -12.2%
Economy 1 year ahead -7.6% -18.3% 5.6% -1.7% -20.3% 19.5% -36.6%
Economy 5 years ahead -16.5% 4.0% -3.7% 15.8% -9.1% 8.1% -17.9%
Buy major household items 5.8% -3.4% 28.2% 15.8% -19.7% -3.7% 13.8%
Current conditions 3.9% 2.3% 17.4% 3.5% -11.0% -0.5% 2.8%
Expectations -10.5% -5.1% 2.1% 4.7% -11.1% 11.7% -21.0%

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Feb. Jan. Dec. Nov. Oct. Sept. Year
2009 2009 2008 2008 2008 2008 Ago
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--------------------- YoY% ---------------------
Consumer sentiment -11.9% -12.8% -18.2% -22.6% -28.9% -20.3% -12.6%
Family finances, year ago -8.6% -23.0% -27.9% -28.0% -24.4% -26.7% -5.8%
Family finances, year ahead -12.2% -7.2% -1.2% -12.2% -9.5% -1.1% -3.2%
Economy 1 year ahead -36.6% -43.6% -42.5% -40.2% -45.0% -30.7% -28.5%
Economy 5 years ahead -17.9% 3.8% -6.6% -4.5% -19.9% -12.5% 6.5%
Buy major household items 13.8% -13.0% -10.9% -28.2% -42.6% -28.8% -25.8%
Current conditions 2.8% -17.8% -18.7% -28.1% -34.3% -27.9% -17.2%
Expectations -21.0% -15.6% -17.9% -19.1% -25.4% -15.3% -9.5%
-------------------- Index ---------------------
Consumer sentiment 85.8 89.9 92.0 85.5 82.0 92.2 97.4
Family finances, year ago 83.5 82.2 74.3 71.0 77.0 77.8 91.3
Family finances, year ahead 99.2 105.8 111.1 105.5 105.6 112.1 113.0
Economy 1 year ahead 53.8 58.3 71.4 67.6 68.8 86.3 85.0
Economy 5 years ahead 84.8 101.5 97.6 101.4 87.6 96.4 103.2
Buy major household items 107.6 101.8 105.4 82.2 71.0 88.4 94.6
Current conditions 95.6 92.0 89.9 76.6 74.0 83.1 92.9
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Feb. Jan. Dec. Nov. Oct. Sept. Year
2009 2009 2008 2008 2008 2008 Ago
===============================================================================
-------------------- Index ---------------------
Expectations 79.3 88.6 93.4 91.5 87.4 98.3 100.4
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Note: Westpac has resumed reporting seasonally adjusted figures, noting that research indicated monthly changes in January were generally significantly larger than monthly changes during the rest of the year. As a result a new methodology has been adopted to filter raw data and is the new consumer sentiment index.

Sources: Westpac Banking Corp., Melbourne Institute

To contact the reporter on this story: Daniel Petrie in Sydney at dpetrie5@bloomberg.net




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