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Consumer confidence has now fallen by 9.7 per cent over the last two months, with the largest dips recorded in Victoria and Western Australia, as house prices soar and Victoria’s lockdown induces uncertainty.
The Westpac-Melbourne Institute Index of Consumer Sentiment fell by 5.2 percentage points to 107.2 in June, from 113.1 in May, recording a fall of 9.7 percentage points over the last two months.
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