An index of consumer sentiment fell 2.4% in Mar from Feb.
The index fell to 104.1 points in Mar in seasonally adjusted terms from 106.6 points in Feb, compilers Westpac and the Melbourne Institute said. In annual terms, the consumer sentiment index fell a seasonally adjusted 11.3% from Mar 2010. In trend terms, the index fell 0.2% from Feb, contributing to a 9.8% annual decline.