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Australia Consumer Sentiment Deteriorates In November

Por: RTTNews Business November 14, 2023

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Australia's consumer confidence deteriorated in November as the interest rate hike added further pressure on family finances and reignited fears of rising cost of living and the prospect of further rate rises to come, survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Index of Consumer Sentiment fell to 79.9 in November from 82.0 in October. The score suggested that the index has returned to deeply pessimistic... + full article



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