The recent increase in Australian interest rates has led to concerns among consumers about their household finances and the rising cost of living. As a result, consumer sentiment has sharply declined in November, reaching deeply pessimistic levels. The Westpac-Melbourne Institute Index of consumer sentiment dropped by 2.6% to 79.9 in November, down from 82 in October. This … [Read more...] about Australian Consumer Sentiment Falls as Interest Rates Rise
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