While other countries remain more optimistic overall, sentiment remains static, while Australians, despite global uncertainty, are becoming more positive.
Among the five Asia-Pacific (APAC) countries surveyed, Australia experienced the greatest shift in consumer sentiment over the last quarter, according to the latest research from McKinsey & Company’s ConsumerWise.
Net sentiment (optimism minus pessimism) rose by 3 percent compared to the previous quarter. In contrast, consumer sentiment across most APAC countries remained relatively unchanged.
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