Australian Consumers Sentiment Slumps to 84.4 as Rate Fears Rise, Westpac Sees September RBA Pause

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Australian consumer sentiment deteriorated sharply in September, with the Westpac–Melbourne Institute Consumer Sentiment Index falling from 88.9 to 84.4, a -5.2% monthly decline that pushed confidence back toward the deeply pessimistic levels seen earlier this year. The weakness was broad-based. Assessments of family finances versus a year ago fell from 80.0 to 72.6, while expectations […]The post Australian Consumers Sentiment Slumps to 84.4 as Rate Fears Rise, Westpac Sees September RBA Pause appeared first on ActionForex.