Australia Westpac consumer sentiment dropped to 100.8, elevated pressures on finances

Australia Westpac-Melbourne Institute consumer sentiment dropped -1.3% to 100.8 in February, down from 102.2. The “economy, next 12 months” sub-index increased by 2.4% and the “economy, next 5 years” sub-index was up by 1.5%. However, the “finances vs a year ago” sub-index slumped by -9.2% (more than reversing the surprise 7.5% lift in January) while […]

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