Australian Card Activity Growth Softens Reflecting Lower Fuel Prices, Weakness in Non-Fuel Spending, Westpac Says
() -- Australian card activity growth softened, reflecting a mixture of lower fuel prices and continued weakness in non-fuel spending, according to a Monday report by Westpac. The Westpac-DataX Card Tracker Index moved sideways through late May and most of June, declining sharply to 152.8 in the week that ended June 27