I seem to have dropped into the Twilight Zone.

I posted this yesterday: Westpac MNI China Consumer Sentiment Indicator (May): -3.1% m/m

But ... now I see its hitting the wires etc. all over the place today.

So, errr, yeah .... to repeat ....

  • Down 3.1% on the month (was down 0.3% in April)
  • To 114.2 (was 117.8 in April)
  • MNI say all components of the headline indicator contributed to the fall this month

And, thanks for reading (again) ... so here's a bit more:

  • +2.8% y/y
  • -3.1% m/m

Comments from MNI / Westpac

  • Optimism down a little as incomes come under pressure, but job fears have eased a little
    Savings & spending intentions showing a more risk averse tone
  • Business recovery disappoints
  • House price expectations remain strong