Australian monthly consumer sentiment - 3.0% m/m

A drop for this indicator for the month of September

• From 103.6 in August its down to 100.5 in September.

Above 100 means optimists > pessimists … and in Sep its barely there

Yesterday we got business confidence falling:

• Australia data: August business confidence 4 (vs. prior of 7)

Now its consumer confidence joing in

In their preview WPAC noted the change of Prime Minister and mortgage rate hikes as likely to weigh …. got that right indeed

AUD a few points lower, it had fallen in the half hour or so leading into the data (as had a few others against the USD):

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For background on this:

• Australian monthly consumer sentiment data due soon - preview