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AAP
AAP
Business
Jacob Shteyman

Consumer confidence dips as households slowly recover

Matthew Hassan NAB Westpac
Many consumers as walking past spending opportunities and remain pessimistic about the economy. (Jane Dempster/AAP PHOTOS)

Australian households are feeling slightly less optimistic about the economy after reeling in their expectations for further interest rate cuts.

The Westpac-Melbourne Institute consumer sentiment index fell 3.1 per cent to a "cautiously pessimistic" 95.4 in September.

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