I seem to have dropped into the Twilight Zone.
I posted this yesterday: Westpac MNI China Consumer Sentiment Indicator (May): -3.1% m/m
But ... now I see its hitting the wires etc. all over the place today.
So, errr, yeah .... to repeat ....
- Down 3.1% on the month (was down 0.3% in April)
- To 114.2 (was 117.8 in April)
- MNI say all components of the headline indicator contributed to the fall this month
And, thanks for reading (again) ... so here's a bit more:
- +2.8% y/y
- -3.1% m/m
Comments from MNI / Westpac
- Optimism down a little as incomes come under pressure, but job fears have eased a little
Savings & spending intentions showing a more risk averse tone - Business recovery disappoints
- House price expectations remain strong