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Australia consumer sentiment dropped back to 78.5, pressures bearing down on consumer becoming intense

Australia consumer sentiment dropped back to 78.5, pressures bearing down on consumer becoming intense
Australia Westpac-Melbourne Institute Consumer Sentiment Index fell -6.9%mom from 84.3 to 78.5 in February. The reading was already below the trough of 79.0 as seen in the global financial crisis, but above the 75.6 low in April 2020 when the pandemic first hit. Westpac noted: “Cost of living pressures and interest rate rises continue to […] The post Australia consumer sentiment dropped back to 78.5, pressures bearing down on consumer becoming intense appeared first on Action Forex... Read More
Posted: Feb 14 2023, 03:44
Author Name: actionforex
Views: 082255

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