Households more pessimistic: Westpac-M.I. survey

14 June 2017

 

Conditions may be good in the business sector but there does not seem to be evidence of Australian households feeling the same way. The Westpac-Melbourne Institute consumer sentiment index fell for a third month in a row in May to record a drop from 98.0 to 96.2. Any reading below 100 indicates the number of consumers who are pessimistic is more than the number of consumers who are optimistic. Westpac...

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