Australia Consumer Sentiment Fall for 3rd Month

EthereumCraftsman · 2026-02-09T23:45:18+00:00

Australia's Westpac Consumer Sentiment Index fell 2.6% in February 2026 to a ten-month low of 90.5, marking the third consecutive decline due to rising inflation and a recent rate hike.

EthereumCraftsman

2026-02-09 23:45:18

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Australia’s Westpac–Melbourne Institute Consumer Sentiment Index dropped 2.6% mom in February 2026 to a ten-month low of 90.5, extending January’s 1.7% drop and marking the third straight monthly decline. The slide reflected mounting concerns over inflation and policy tightening, with households and businesses under renewed pressure after the central bank delivered a 25bp rate hike earlier this month, the first in more than two years.

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