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Australian Westpac Consumer Confidence Index (Jan) 92.9 vs. Exp. 97 (Prev. 94.5)

Newsquawk Staff ·

Australian Westpac Consumer Confidence Index (Jan) 92.9 vs. Exp. 97 (Prev. 94.5)

What it means

The Australian Westpac Consumer Confidence Index came in at 92.9, missing expectations of 97 and down from the previous reading of 94.5. This drop may indicate weakening consumer sentiment, which could influence the Reserve Bank of Australia’s policy considerations moving forward.

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