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Showing 31 - 40 of 435 results for "consumer sentiment"

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
... supported and indicated by the deepening pessimism among consumers. The Westpac-Melbourne Institute index of consumer sentiment plummeted by 17.7% to a reading of 75.6 in April - the biggest monthly decline in the survey's 47-year history -- from ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
... and beverages" (25.6%) and "health and personal care" (4.3%). The lead from the University of Michigan's consumer sentiment survey points to further retrenchment in household spending - the index dropped to a reading of 71 in April - the lowest reading ...

Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
... consumer spending, and by extension, business conditions and confidence. The Westpac-Melbourne Institute index of consumer sentiment plummeted by 17.7% to a reading of 75.6 in April - the biggest monthly decline in the survey's 47-year history -- ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
... month. Plunging consumer confidence suggests continued falls in consumer spending. South Korea's Composite Consumer Sentiment Index dropped to an 11-year low reading of 78.4 in March from 96.9 in February and 104.2 in January. Business confidence ...

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
... just one fortnight into the new year." As revealed in their response to the latest Westpac-Melbourne Institute consumer sentiment survey, Australians are correct to be concerned with regards to their unemployment prospect. The "unemployment expectations ...

Chief economist update: Australians not confident enough

BENJAMIN ONG  |  THURSDAY, 13 FEB 2020
... concerns over the impact of the bushfires, floods and the coronavirus. The Westpac-Melbourne Institute Index of Consumer Sentiment rose 2.3% to 95.5 in February from 93.4 in the previous month. The NAB business confidence index improved to -1 in January ...

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
... been more difficult, and the economy would have been weaker." The suggestion that low rates were impacting consumer sentiment had been making the rounds for some time, though Lowe said the decision to keep rates low has assisted with both sides of the ...

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
... are not singing and dancing to this upbeat classic by Katrina and the Waves. The Westpac/Melbourne Institute consumer sentiment survey shows that consumer pessimism has deepened in January. The consumer index fell from a reading of 95.1 in December 2019 ...

China's growth to slow: PIMCO

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2020
... as a signal of a turning point away from further escalation," the research said. "The boost to business and consumer sentiment may help stabilize recent trends of slowing domestic demand, peaking property volume, and sluggish investment spending." PIMCO ...

Chief economist update: It's Christmas time in the city

BENJAMIN ONG  |  MONDAY, 9 DEC 2019
... be preparing resumption of nuclear testing. "...but the fire is so delightful." The University of Michigan consumer sentiment index's preliminary estimate rose to a reading of 99.2 in December from 96.8 in November. This is better than consensus ...