Consumer sentiment sagged in January for the first time since the global financial crisis in 2008, as people fret about financial market instability.
For the first time since the global financial crisis, consumers have kicked off the new year on a pessimistic note.
The ANZ-Roy Morgan consumer confidence index fell 0.9 per cent in the week ending January 31, and has fallen 4.4 per cent over the past four weeks.
Confidence was 2.1 per cent lower in January compared to December, the first negative start to the year since 2008.Click the Podcast icon above to listen in this story in Korean.
Share
