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By Ambar Warrick
Investing.com-- Australian consumer sentiment worsened in early-October, a survey showed on Tuesday, as an increased cost of living, laggard wage growth and rising interest rates dented the countryâs economic outlook.
The Westpac Melbourne Institute Index of Consumer Sentiment fell 0.9% to 83.7 in October from 84.4 in September, where it had seen a mild improvement, Westpac said in a statement.
The index, which is compiled through a survey of 1200 respondents, is current...
>>> Read more: Australian Consumer Sentiment Worsens in October- Westpac
Investing.com-- Australian consumer sentiment worsened in early-October, a survey showed on Tuesday, as an increased cost of living, laggard wage growth and rising interest rates dented the countryâs economic outlook.
The Westpac Melbourne Institute Index of Consumer Sentiment fell 0.9% to 83.7 in October from 84.4 in September, where it had seen a mild improvement, Westpac said in a statement.
The index, which is compiled through a survey of 1200 respondents, is current...
>>> Read more: Australian Consumer Sentiment Worsens in October- Westpac