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Australia Consumer Confidence Signals Strong Resurgence Amid Rate Hike Pause: Westpac

Por: RTTNews Business April 11, 2023

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Australia's consumer confidence strengthened notably in April, bolstered by the decision of the Reserve Bank to pause rate hikes after a sequence of ten consecutive increases, survey results from Westpac showed on Tuesday.The Westpac Melbourne Institute Index of Consumer Sentiment surged 9.4 percent to 85.8 in April from 78.5 in March.The survey of 1200 respondents was conducted over four days from April 3 to 6.The resurgence in April is a... + full article



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