Westpac’s consumer confidence measure in Australia fell by 5.2% in September, reversing a 6% rise in the previous month. The shift points to a clear change in household sentiment between the two readings.
The update frames a month-on-month swing from a positive 6% to a decline of 5.2%. No further figures were provided in the release.
September Decline In Consumer Confidence
Westpac’s consumer confidence measure in Australia fell by 5.2% in September, reversing a 6% rise in the previous month. The shift points to a clear change in household sentiment between the two readings.
Month-On-Month Sentiment Change
The update frames a month-on-month swing from a positive 6% to a decline of 5.2%. No further figures were provided in the release.
