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Consumer confidence plunges on prolonged lockdowns

Prolonged lockdowns in Sydney and Melbourne have seen consumer confidence plummet to November 2020 lows, putting more pressure on the economic recovery, a new survey has revealed.

Consumer confidence plunges on prolonged lockdowns
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Consumer confidence plunges on prolonged lockdowns

The latest ANZ-Roy Morgan consumer confidence survey shows Greater Sydney and Melbourne lockdowns have seen consumer confidence fall to 104.3 points, with a score above 100 showing optimism in the future.

Read more at Nestegg.

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