Consumer Sentiment Surveys

Jin Cong Wang and Laura Berger-Thomson
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Jin Cong Wang: Reserve Bank of Australia
Laura Berger-Thomson: Reserve Bank of Australia

RBA Bulletin (Print copy discontinued), 2015, 1-8

Abstract: There are two main consumer sentiment surveys in Australia. The headline indices that summarise the survey results appear to provide relevant and timely information about economic developments, particularly around turning points. However, in some cases, particular components of the aggregate indices are more useful. This is true of the components that track households’ perceptions of their current personal finances compared with a year prior and, to a lesser extent, the components tracking households’ perceptions of buying conditions for major household items.

Keywords: Confidence; consumer; forecasting; predictive ability; sentiment; survey (search for similar items in EconPapers)
Date: 2015
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