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Australian consumer confidence falls 3.1% in September, signaling lingering economic uncertainty.
Australian consumer sentiment dropped 3.1% in September, falling to 95.4 according to the Westpac-Melbourne Institute survey.
Despite improvements in family finances and easing of the cost-of-living crisis, consumers remain cautious about the economic outlook, with expectations for further interest rate cuts diminishing.
Retailers are experiencing a stronger economic outlook, but overall consumer spending is expected to remain sluggish.
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La confianza del consumidor australiano cae un 3,1% en septiembre, lo que indica una persistente incertidumbre económica.