Westpac Australian consumer sentiment +2.7% m/m in July (prior +0.2%)

<p>Westpac July 2023

Australian consumer sentiment survey, +2.7% m/m in July to 81.3</p><ul><li>prior 79.2</li><li>+2.7% is the biggest gain since April </li></ul><p>WPAC comment:</p><ul><li> "The key message is that sentiment is probably not going to
stage a sustained lift from current deeply pessimistic levels
until inflation is much lower and interest rates are firmly on
hold"</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.