Australia Westpac consumer sentiment dropped to 83.8, comparable to previous major shocks

Australia Westpac Consumer Sentiment Index dropped from 86.4 to to 83.8 in July. The confidence has been falling every month this year, and it’s now -19.7% below December’s level. Westpac said that both level and pace of deterioration are “comparable to previous major shocks”. It added that rate fears were intensifying, with 73% polled expecting […]

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