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Asian Economic News

Australia Consumer Confidence Slides In December - Westpac

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Consumer confidence in Australia ebbed in December, the latest survey from Westpac Bank revealed on Wednesday as its index slid 3.9 percent to a score of 97.3.

That follows the 1.1 percent fall in November to 101.3.

Negative GDP data was cited as a primary factor, while soft commodity prices continued to weigh on trade numbers.

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