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Australian Consumer Confidence Sinks To 5-Month Low

posted by Avatar forexalliancecom 554 days ago in AUD, Special, Consumer

Consumer sentiment in the Australian economy declined for the first time in four months despite the country’s central bank reducing interest rates by 50 basis points to 4.25%. According to the Westpac/Melbourne Institute’s Index of Consumer Sentiment, optimism in the Pacific economy dwindled.
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