Australia consumer sentiment brightens in August as rates held
SYDNEY, Aug 18 (Reuters) - A measure of Australian consumer sentiment brightened for a second month in August as mortgage holders became less concerned about the risk of further increases in interest rates, a survey showed on Tuesday. A Westpac-Melbourne Institute survey showed its main index of consumer sentiment rose 6.0% in August from July, when it gained 4.1%.
Reported by 1 outlet — Investing.com · Economy. See all sources ↓
SYDNEY, Aug 18 (Reuters) - A measure of Australian consumer sentiment brightened for a second month in August as mortgage holders became less concerned about the risk of further increases in interest rates, a survey showed on Tuesday. A Westpac-Melbourne Institute survey showed its main index of consumer sentiment rose 6.0% in August from July, when it gained 4.1%. The index was still down almost 10% from a year earlier, while pessimists continued to outnumber optimists. Join our investing challenges and compete for rewards while you learn!
Read the full report at Investing.com · Economy ↗
Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
- What's the story?
- SYDNEY, Aug 18 (Reuters) - A measure of Australian consumer sentiment brightened for a second month in August as mortgage holders became less concerned about the risk of further increases in interest rates, a survey showed on Tuesday. A Westpac-Melbourne Institute survey showed its main index of consumer sentiment rose 6.0% in August from July, when it gained 4.1%.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- 14m ago.
How outlets are framing the same story
Here's how each outlet is covering the story — compare their headlines and timing at a glance.
- Coverage card1 outlet1CoverageScouting report
Australia consumer sentiment brightens in August as rates held
Sources1TypeCoverageInvesting.com · Economy