Westpac: Consumer confidence falls as COVID causes new lockdown fear – NEWS.com.au

Latest Westpac research shows consumer confidence has dropped, signalling fresh fears of a second COVID-19 wave that will batter and bruise an early economic recovery. The Westpac-Melbourne Institute consumer sentiment index fell 6.1 per cent to 87.9 points, as a coronavirus resurgence has sparked concern that lockdown measures could be reimposed across the country.
The drop reverses the previous month’s gain that showed early signs of an economic uplift. It is also a reminder of the extreme lo…

Click here to view the original article.