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Consumer confidence dip points to unhappy Christmas for retailers

Retailers look set for an unhappy Christmas, with consumer confidence turning negative and three times as many people looking to cut gift spending as those planning to spend more.

Consumer confidence dip points to unhappy Christmas for retailers
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The latest Westpac-Melbourne Institute survey shows consumer sentiment fell to 99.7 in November, back below the 100-point level that indicates where optimists equal pessimists.

Read the full article on ABC Online.

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