Global Economic News

Australia Consumer Sentiment Weakest Since Mid-2015

Australia's consumer confidence weakened to the lowest level in more than four years in October despite interest rate reductions, survey results from Westpac showed Wednesday.

The Westpac-Melbourne Institute Index of Consumer Sentiment dropped to 92.8 in October from 98.2 in September. This was the lowest score since July 2015.

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by RTTNews Staff Writer

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