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Investing.com-- Australian consumer sentiment improved from near record lows in early-July, a private survey showed on Tuesday, helped by softening inflation and as the Reserve Bank kept interest rates steady earlier in the month.
The Westpac Consumer Sentiment index rose 2.7% in June as expected, recovering from its worst levels since the 2020 COVID-19 pandemic after a sharp decline in sentiment earlier this year.
The reading was largely driven by a softer inflation print for May, Westpac sai...
>>> Read more: Australia consumer sentiment improves in July as inflation falls
The Westpac Consumer Sentiment index rose 2.7% in June as expected, recovering from its worst levels since the 2020 COVID-19 pandemic after a sharp decline in sentiment earlier this year.
The reading was largely driven by a softer inflation print for May, Westpac sai...
>>> Read more: Australia consumer sentiment improves in July as inflation falls
