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AAP
AAP
Politics
Colin Brinsden, AAP Economics and Business Correspondent

Confidence data to provide rate response

Consumer and business confidence surveys will indicate how the rise in interest rates has landed. (AAP)

A series of consumer and business confidence surveys this week will provide a guide to future spending and investment in the face of rising interest rates and inflation in Australia.

Domestic and international investors have already given their response after several central banks, including the Reserve Bank of Australia, raised their key rates, selling down global share markets sharply.

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