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Economics

Consumer confidence rises as inflation expectations drop

This week ANZ-Roy Morgan consumer confidence increased by 2.3 points to 93.4 after petrol prices dropped approximately 30 cents per litre. But consumer confidence is still 14.3 points below its level from the same week a year ago.

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Read more: Petrol PriceInflationANZ-Roy MorganDavid PlankFederal BudgetPhillip Lowe