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1.Market Observations, 8.Was Sticky

10 Aug 2017 (TheAge,SMH) – Consumer mood falls to 16-mth low on anaemic wage growth, surging energy costs

(10 August 2017, The Age, BusinessDay, p22, Reuters)

‘A measure of Australian consumer sentiment slipped to its lowest in more than a year in August as worries over family finances swamped increasing optimism about the economic outlook. The survey of 1,200 people by the Melbourne Institute and Westpac Bank published on Wednesday found consumer sentiment fell 1.2 per cent in August, from July when it edged up 0.4 per cent.’

Read more at TheAge.com.au

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