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Investing.com-- Australian consumer sentiment improved in early August after the Reserve Bank kept interest rates unchanged and as the effects of recent tax breaks became more apparent, although consumers still remained broadly pessimistic.
The Westpac-Melbourne Institute consumer sentiment index rose 2.8% in August, more than expectations for an increase of 0.5% and improving from the 1.1% decline seen in the prior month.
Despite August's improvement, the index still remained within a range s...
>>> Read more: Australia consumer sentiment improves in August after RBA hold- Westpac
The Westpac-Melbourne Institute consumer sentiment index rose 2.8% in August, more than expectations for an increase of 0.5% and improving from the 1.1% decline seen in the prior month.
Despite August's improvement, the index still remained within a range s...
>>> Read more: Australia consumer sentiment improves in August after RBA hold- Westpac
