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SYDNEY (Reuters) - Australian consumer sentiment remained in the doldrums in February, a survey showed on Tuesday, failing to benefit from slowing inflation or speculation about an imminent cut in interest rates.
The Westpac-Melbourne Institute index of consumer sentiment edged up a bare 0.1% in February from January, when it dipped 0.7%. The index was 7.2% higher on a year earlier, and at 92.2 showed pessimists again outnumbered optimists.
The cautious outlook should reassure the Reserve Bank...
>>> Read more: Australian consumers stay cautious in February, survey says
The Westpac-Melbourne Institute index of consumer sentiment edged up a bare 0.1% in February from January, when it dipped 0.7%. The index was 7.2% higher on a year earlier, and at 92.2 showed pessimists again outnumbered optimists.
The cautious outlook should reassure the Reserve Bank...
>>> Read more: Australian consumers stay cautious in February, survey says
