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Investing.com-- Australian consumer sentiment deteriorated further in May, a private survey showed on Tuesday, as persistent concerns over sticky inflation and high for longer rates sparked little optimism over the economy.
The Westpac-Melbourne Institute consumer sentiment index fell 0.3% to 82.2 in early-May, extending declines after sliding 2.4% in April.
The index was close to record lows seen during the 2020 COVID pandemic, as a rising cost of living kept consumers largely pessimistic abo...
>>> Read more: Australia consumer sentiment worsens in May- Westpac
The Westpac-Melbourne Institute consumer sentiment index fell 0.3% to 82.2 in early-May, extending declines after sliding 2.4% in April.
The index was close to record lows seen during the 2020 COVID pandemic, as a rising cost of living kept consumers largely pessimistic abo...
>>> Read more: Australia consumer sentiment worsens in May- Westpac
