FX.co ★ Australia Consumer Sentiment Softens

Australia's Westpac-Melbourne Institute Consumer Sentiment Index experienced a modest increase of 0.5% month-over-month, reaching 92.6 in June 2025. This represents a noticeable deceleration from the 2.2% rise observed in May, primarily due to ongoing uncertainties surrounding global trade. Nonetheless, this uptick signifies the fourth rise in 2025, buoyed by the Reserve Bank's interest rate reduction in May and indications of easing inflationary pressures.