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flag Australian consumer confidence drops to a nine-week low, reflecting economic uncertainties.

flag Australian consumer confidence hit a nine-week low, dropping 1.6 points to 83.9, according to the ANZ-Roy Morgan survey. flag Weekly inflation expectations rose to 4.8%, but the 'time to buy a major household item' sub-index fell 7.9 points. flag Despite the Reserve Bank of Australia signaling comfort with inflation, overall consumer sentiment declined, with December seeing a 2% drop in the Westpac-Melbourne Institute Consumer Sentiment Index.

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