GDP headlines worry consumers but not for long: CBA

14 December 2016

 

Consumers seem to have taken the latest negative GDP figures to heart. According to the latest survey of consumer sentiment, Australians are generally more pessimistic than they were a month ago. The December Westpac-Melbourne Institute consumer sentiment index fell for the second month in a row from November’s reading of 101.3 to a reading of 97.3. Any reading below 100 indicates the number of consumers who are pessimistic is more...

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