Australia's consumer sentiment falls in May

Note: This section contains information in English only.
Source: RTT News
Australian consumer confidence in May dropped notably to the weakest level since August 2012 mainly due to negative responses to the Federal Budget, the Westpac and Melbourne Institute showed in a report on Wednesday. The consumer sentiment index dropped 7% in May from 104.9 recorded in April to 97.6, the least since last August. 

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