Consumer confidence tugged down by household financial concerns

By Carly McKenna · 12 April 2012 · Economy

Consumer Confidence Hits a Snag

Household finances are weighing heavily on local consumers, despite a brighter global economic outlook. What's behind this surprising shift in confidence?

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Summary

Despite improving conditions in the global economy local consumer confidence has fallen, as households remain concerned about the state of their own finances.

Tags: Australian Economy, consumer concerns, Consumer Confidence, consumer financial concerns, Consumer Sentiment, consumer spending, Westpac Melbourne Institute Index of Consumer Sentiment