Vic outbreaks drag down household sentiment

15 July 2020

 

Summary: Household sentiment falls back after two months of rises; confidence index back to level comparable to May; survey period did not cover Sydney cluster announcement; pessimists outnumber optimists; index sensitive to local news regarding COVID-19.    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. Both readings then deteriorated...

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