Australia Consumer Sentiment Logs Record Fall

Australia's consumer confidence declined the most on record in April after the coronavirus outbreak evolved from serious concern to full-blown pandemic, survey data from Westpac showed on Wednesday. The Westpac-Melbourne Institute Index of Consumer Sentiment plunged 17.7 percent to 75.6 in April from 91.9 in March. This was the biggest monthly decrease in forty seven year history of the survey.Original Article