Australia's Consumer Confidence Gains Slightly but Sentiment Still 'Deeply Pessimistic,' Says Westpac
() -- Australia's Westpac-Melbourne Institute Consumer Sentiment Index rose 4.1% to 83.9 in July from 80.6 in June, as consumers showed relief that worst-case scenarios such as higher energy prices had not played out, according to a Tuesday report by Westpac. Despite the gain, sentiment remains "deeply pessimistic," wi