Australia: Consumers more optimistic in November

The Westpac-Melbourne Institute Survey of Consumer Sentiment increased to 110.3 points in November, which followed the 108.3 points tallied in October. After October’s drop, the indicator returned to September’s level, which was the highest reading in over two years. The indicator has remained above the 100-point threshold separating optimistic from pessimistic territory for the past six months.

Read more about Australian Consumer Confidence.

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