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Australia Consumer Confidence Eases In January - Westpac

An index measuring consumer confidence in Australia dipped 1.7 percent in January, the latest survey from Westpac revealed on Wednesday - falling to a score of 103.3.

That follows the 4.8 percent monthly decline in December to 105.0.

The index remains above the 100-point plateau, which separates optimism from pessimism - although it touched a six-month low.

Among the individual components of the survey, the driving factor was an increase in unemployment expectations - which added 0.7 percent following the 4.6 percent spike in the previous month.

Family finances were down 2.4 percent, while the economic outlook fell 3.2 percent.

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