Westpac's indicator is a monthly snapshot of consumers
- At 96.6 for a minor bounce on the month but still well inside the 'pessimist' territory (for an 8th consecutive month)
- Prior to this it had been 3 consecutive months of falls
Comment from Westpac
- Index is not sending encouraging signals about the outlook for consumer spending
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This is the monthly survey of around 1,200 people by the Melbourne Institute and Westpac Bank
