Australia Consumer Confidence lower In July - Westpac

Market news

13 July 2016

Australia Consumer Confidence lower In July - Westpac

Consumer confidence in Australia took a hit in July, the latest survey from Westpac Bank and the Melbourne Institute revealed on Wednesday, sliding 3.0 percent to a reading of 99.1.

That follows the 1.0 percent in June to 102.2.

Analysts actually expected a bigger decline after the United Kingdom voted to leave the European Union, setting the stage for a modest recovery next month.

Japan's industrial production decreased more than estimated in May

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