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Investing.com-- Australian consumer sentiment deteriorated in early-January, a private survey showed on Tuesday, as signs of sticky inflation kept respondents on edge over more interest rate hikes and lower household savings.
The Westpac-Melbourne Institute Index of Consumer Sentiment fell 1.3% in early-January to 81 points, moving back towards COVID-era lows and largely reversing an improvement seen in December.
An elevated cost of living and high interest rates continued to be a main point o...
>>> Read more: Australia consumer sentiment worsens in Jan- Westpac
The Westpac-Melbourne Institute Index of Consumer Sentiment fell 1.3% in early-January to 81 points, moving back towards COVID-era lows and largely reversing an improvement seen in December.
An elevated cost of living and high interest rates continued to be a main point o...
>>> Read more: Australia consumer sentiment worsens in Jan- Westpac
