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Australia October Consumer Confidence Index -2.1% On Month - Westpac

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

An index measuring consumer confidence in Australia was down a seasonally adjusted 2.1 percent on month in October to a score of 108.3, the latest survey from Westpac and the Melbourne Institute revealed on Wednesday.

That follows the downwardly revised 4.6 percent gain in September (originally 4.7 percent), when the index hit 110.6.

The index was up 0.8 points from a year earlier, and the score remained above 100 - which indicates that optimists continue to outnumber pessimists.

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