Off the wire
• Austrian chancellor urges European solidarity over asylum seeker crisis  • (Recast)Western Aust'n government blamed as schools ditch language classes  • China Hushen 300 index futures open higher Wednesday  • China treasury bond futures open lower Wednesday  • Market exchange rates in China -- Sept. 9  • Chinese shares open higher Wednesday  • Rio opens first Olympic Park venue  • Chinese yuan strengthens to 6.3632 against USD Wednesday  • Asian zone World Cup qualifying results  • Nelson Mandela Challenge soccer result  
You are here: 　 Home

Australian consumer confidence falls amid international uncertainty

Xinhua, September 9, 2015 Adjust font size:

Australian consumer confidence has been hit hard due to turmoil in financial markets and worries about the international economy.

The Westpac/Melbourne Institute index showed consumer sentiment fell by 5.6 percent so far in September to 93.9 points, well below 100 points to reveal there are more pessimists about the Australian economy than optimists.

Westpac chief economist Bill Evans said the solid fall was unsurprising considering the recent spate of weak economic news and heavy falls on global financial markets.

"This heightened concern around the world economy unnerved respondents about the labor market," he said in a statement. Endi