Westpac / Melbourne Institute Consumer Sentiment for August 2018
Down 2.3% on the month to 103.6
- prior was +3.9% m/m
- (Background is here for more on July)
Westpac on the report:
- Despite the latest decline, the Index is still in positive territory overall, 5.5% above the average in 2014 to 2017
- August marks the ninth successive month that the Index has been above the 100 level, indicating optimists outnumber pessimists, a clear turnaround on the twelve months in which 11 out of 12 readings were below 100.
- All index components recorded declines in August
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Still on the way in Australia today:
