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SYDNEY (Reuters) - Australian consumer sentiment dipped for a second month in January as financial stress dominated at the start of the new year, a survey showed on Tuesday, suggesting spending will remain subdued in the near term.
The Westpac-Melbourne Institute index of consumer sentiment fell 0.7% in January from December, when it dropped 2.0%. The index was still up 13.8% on a year ago, but at 92.1 showed pessimists again outnumbered optimists.
The cautious outlook should reassure the Rese...
>>> Read more: Australia consumer sentiment index dips 0.7% in Jan
The Westpac-Melbourne Institute index of consumer sentiment fell 0.7% in January from December, when it dropped 2.0%. The index was still up 13.8% on a year ago, but at 92.1 showed pessimists again outnumbered optimists.
The cautious outlook should reassure the Rese...
>>> Read more: Australia consumer sentiment index dips 0.7% in Jan
