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Growth

Consumer sentiment falls

3 minute read
The Adviser

More than a third of Australian consumers believe they are in a worse financial position than they were 12 months ago.

Sensis’ Consumer Report, released today, showed consumer confidence tumbled three percentage points in August to 32 per cent – approximately half that recorded in November 2007.

The rising cost of living was the number one concern for consumers, while rising fears of unemployment also hit confidence.

Published: 09-09-08

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