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SYDNEY (Reuters) - Australian consumer sentiment edged up in December, although it ended its second worst year on record amid a surge in the cost of living and sharply higher interest rates, a survey showed on Tuesday.
The Westpac-Melbourne Institute index of consumer sentiment rose 2.7% in December from November, when it fell 2.6%. The index reading of 82.1 still showed pessimists greatly outnumbered optimists.
While ending on a slightly better note, 2023 still marks the second worst calendar...
>>> Read more: Australian Dec consumer sentiment bounces, set for second worst year on record
The Westpac-Melbourne Institute index of consumer sentiment rose 2.7% in December from November, when it fell 2.6%. The index reading of 82.1 still showed pessimists greatly outnumbered optimists.
While ending on a slightly better note, 2023 still marks the second worst calendar...
>>> Read more: Australian Dec consumer sentiment bounces, set for second worst year on record
