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By Ambar Warrick
Investing.com-- Australian consumer sentiment improved slightly in December, a private survey showed on Tuesday, although concerns over inflation and rising interest rates kept confidence pinned near recession lows.
The Westpac Melbourne Institute Consumer Sentiment Index rose 3% in December to 80.3, recovering from an over two-year low. The index had plummeted 6.9% in November to 78.0, following a stronger-than-expected inflation reading and signs of worsening economic activi...
>>> Read more: Australia consumer sentiment improves slightly in December- Westpac
Investing.com-- Australian consumer sentiment improved slightly in December, a private survey showed on Tuesday, although concerns over inflation and rising interest rates kept confidence pinned near recession lows.
The Westpac Melbourne Institute Consumer Sentiment Index rose 3% in December to 80.3, recovering from an over two-year low. The index had plummeted 6.9% in November to 78.0, following a stronger-than-expected inflation reading and signs of worsening economic activi...
>>> Read more: Australia consumer sentiment improves slightly in December- Westpac
