WBC News: Australia consumer sentiment pinned at 3-year lows in March- Westpac - 14th Mar 2023, 6:52am

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By Ambar Warrick

Investing.com-- Australian consumer sentiment was unchanged in early-March from the prior month, a private survey showed on Tuesday, but remained pinned at COVID-era lows as the country grapples with high inflation and rising interest rates.

The Westpac-Melbourne Institute Consumer Sentiment index was unchanged at 78.5 in March, but remained close to its lowest level since March 2020, Westpac said in a note.

But the bank also noted that two consecutive months of extremely wea...

>>> Read more: Australia consumer sentiment pinned at 3-year lows in March- Westpac
 
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