Westpac Melbourne Institute Index of Consumer Sentiment for September 2013
- -2.1% to 108.3
- Prior was +4.7% to 110.6)
- 9.2% above its level a year ago
Two index components rose in the month and three fell:
Bit of a mixed message from this release.
AUD has stabilised somewhat since its rally earlier. Market perception of Janet Yellen as a ‘dove’ weakened the USD a little across the board. The slight decline in the consumer sentiment numbers from last month has contributed somewhat to the AUD stabilising since its morning move up.