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Australia - Westpac Consumer Confidence (February): +4.2% m/m (prior -3.5%)

Australia - Westpac Consumer Confidence Index for February

  • Up 4.2% m/m to 101.3
  • Last month's was 3.5% fall to 97.3

Up 0.6% for the y/y

Westpac's chief economist Bill Evans comments:

  • The resilience of sentiment, and in particular, respondents' assessments of their own financial position are not pointing to a significant deterioration in domestic demand
  • Possible the rebound had a lot to do with lower petrol prices

AUD ... zzzzzzzzzzzzzzzzzzzzzz ... little response

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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