Australia Consumer Confidence November 2020

Australia

Australia: Consumer sentiment at seven-year high in November

November 12, 2020

The Westpac-Melbourne Institute consumer sentiment index jumped from 105.0 in October to 107.7 in November, marking the highest reading since November 2013. Therefore, sentiment moved further above the 100-mark, indicating that there were more optimists than pessimists among Australian consumers.



FocusEconomics panelists are still assessing the latest developments.

FocusEconomics panelists are still assessing the latest developments.


Author: Massimo Bassetti, Senior Economist

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Australia Consumer Confidence Chart


Australia Consumer Confidence November 20 20

Note: Index of consumer sentiment; 100-point threshold indicates equal number of positive and negative responses.
Source: Westpac-Melbourne Institute Survey of Consumer Sentiment


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