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By Ambar Warrick
Investing.com -- Australian consumer sentiment improved more than expected in April, a private survey showed on Tuesday, after the Reserve Bank paused its interest rate hike cycle, while inflation also appeared to be showing signs of peaking.
The Westpac-Melbourne Institute Consumer Sentiment index jumped 9.4% to 85.8 in early-April, more than expectations for a rise of 1.5%. The index grew at its fastest pace since late-2020, as it bounced back from near-record lows.
A bulk ...
>>> Read more: Australian consumers cheer RBA pause in April - Westpac
Investing.com -- Australian consumer sentiment improved more than expected in April, a private survey showed on Tuesday, after the Reserve Bank paused its interest rate hike cycle, while inflation also appeared to be showing signs of peaking.
The Westpac-Melbourne Institute Consumer Sentiment index jumped 9.4% to 85.8 in early-April, more than expectations for a rise of 1.5%. The index grew at its fastest pace since late-2020, as it bounced back from near-record lows.
A bulk ...
>>> Read more: Australian consumers cheer RBA pause in April - Westpac
