Via Westpac
- Westpac–Melbourne Institute Consumer Sentiment Index up 4.1% to 83.9.
- Pessimism still dominates but fuel price pressures and rate rise fears moderate.
- Consumers remain gloomy on economy and major purchase decisions.
- Job-loss concerns subside, unemployment expectations back near average.
- Homebuyer sentiment continues to recover from extreme lows but consumers less certain about house price outlook.
Advertisement
Interesting side note from Goldman. Sentiment and spending are very much parted for now.
