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1.Market Observations, 8.Was Sticky

15 Dec 2016 (TheAge,SMH) – Australian consumers spooked by poor GDP data

(15 December 2016, The Age, BusinessDay, p21, Reuters)

‘A measure of Australia’s consumer sentiment slipped to an eight-month low in December after disappointing economic data shook confidence in the outlook for the year ahead. Wednesday’s survey of 1200 people from the Melbourne Institute and Westpac Bank found consumer sentiment fell 3.4 per cent in December, from November when it dipped 1.1 per cent.’


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