Consumer sentiment index in Australia from August 2019 to July 2020
Since August 2019, consumer sentiment in Australia has experienced something of a decline, with an index score of 87.9 recorded in July 2020. Part of this decline can be attributed to the Covid-19 pandemic, which led to business disruption and more than 1.5 million job losses by May 2020. More recently, a second outbreak in June prompted Victoria's government to re-enact local lockdowns across a number of regions in the state.
