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Australia’s Consumer Sentiment down -0.4%, no lift from RBA pause

Australia’s Westpac Consumer Sentiment Index for August indicated a slight decline, registering at 81, a drop of -0.4% mom from July’s reading of 81.3. Westpac’s analysis suggests that this decrease cements the prevailing pessimistic mood among consumers. Interestingly, RBA’s decision to pause rate hikes did not notably influence this sentiment. The prevailing concerns about inflation […] The post Australia’s Consumer Sentiment down -0.4%, no lift from RBA pause appeared first on Action Forex... Read More

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Posted: Aug 8 2023, 05:06

Author Name: actionforex

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