Economic Buzz: Australia consumer sentiment hits 10-month low after rate hike
10-Feb-2026
11:43
Australia's Westpac Consumer Sentiment Index fell 2.6% in February to a ten-month low of 90.5, marking a third straight monthly decline. Higher inflation concerns and the RBA's recent rate hike weighed on household finances and spending intentions, while longer-term economic confidence softened despite a slight lift in short-term outlook.
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