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Australia Consumer Sentiment Weakens On Higher Cost Of Living, Interest Rates

Por: RTTNews Business January 16, 2024

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Australia consumer confidence weakened further at the start of the year as the rising cost of living and high interest rates continued to weigh on incomes, survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index dropped to 81.0 in January from 82.1 in December. The sub-indexes of the consumer sentiment suggested that a moderate boost from the less threatening interest rate outlook was more than... + full article



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