Sentiment holds up despite NSW lockdown

14 July 2021

 

Summary: Household sentiment firms in July; holds up despite NSW fall as Vic, WA bounce back; still well above long-term average; four of five sub-indices higher; unemployment index slightly higher again; NSW concerns not spreading to other states so far.   After a lengthy divergence between measures of consumer sentiment and business confidence in Australia which began in 2014, confidence readings of the two sectors converged again around July 2018....

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