annb0t
Top 20
SYDNEY (Reuters) - Australian consumer sentiment stayed stuck at historically depressed levels in March amid concerns over inflation and interest rates, a survey showed on Tuesday, with the appetite for buying big-ticket items especially weak.
The Westpac-Melbourne Institute index of consumer sentiment was unchanged in March, following a dive of 6.9% the month before. The index reading of 78.5 meant pessimists greatly outnumber optimists.
"Index reads below 80 are rare, back-to-back reads even...
>>> Read more: Australia consumer mood stuck in the doldrums in March
The Westpac-Melbourne Institute index of consumer sentiment was unchanged in March, following a dive of 6.9% the month before. The index reading of 78.5 meant pessimists greatly outnumber optimists.
"Index reads below 80 are rare, back-to-back reads even...
>>> Read more: Australia consumer mood stuck in the doldrums in March
