Australia’s Westpac consumer sentiment up 2.7% mom, but pessimism still prevails

Westpac-MI Consumer Sentiment Index in Australia witnessed a modest 2.7% mom increase in July, rising to 81.3. However, the index remains entrenched the deeply pessimistic territory, a condition that has prevailed for over a year now. According to Westpac, the main driving force behind this month’s uplift is easing in monthly inflation, which dipped from […]

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