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Australia Westpac Consumer Confidence Weakens Further

Por: RTTNews Business November 08, 2022

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Australia's consumer confidence worsened further to historic lows in November, as surging inflation and rising interest rates weighed heavily on family finances, survey results from Westpac showed on Tuesday.The Westpac Melbourne Institute Index of Consumer Sentiment tumbled 6.9 percent to 78.0 in November from 83.7 in October.This was only slightly higher than when the COVID pandemic first hit in April 2020, and prior to that, we needed to... + full article



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