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AAP
AAP
Business
Poppy Johnston

Consumer confidence edges up but low mood prevails

Adelaide Timbrell Jim Chalmers Warren Hogan
Consumer confidence hasn't slipped but remains low when compared to historical standards. (Bianca De Marchi/AAP PHOTOS) (AAP)

The high cost of living and interest rate hikes are potent enough to keep consumers feeling gloomy despite most people having jobs and attracting decent pay rises.

Consumer confidence improved a little last week, lifting 1.4 points, but the ANZ and Roy Morgan survey is still fixed well below historical averages.

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