SYDNEY (Reuters) - A measure of Australian consumer sentiment fell for a third month in February as higher living costs from petrol to rent undermined finances and overshadowed an easing in coronavirus cases.
The Westpac-Melbourne Institute index of consumer sentiment released on Wednesday slipped 1.3% in February from January, when it dropped 2.0%.
The index was down 7.6% from February last year at 100.8, meaning optimists only just outnumbered pessimists.
"The most likely explanations for t...
>>> Read more: Australian consumer sentiment slips in Feb as inflation bites
The Westpac-Melbourne Institute index of consumer sentiment released on Wednesday slipped 1.3% in February from January, when it dropped 2.0%.
The index was down 7.6% from February last year at 100.8, meaning optimists only just outnumbered pessimists.
"The most likely explanations for t...
>>> Read more: Australian consumer sentiment slips in Feb as inflation bites
