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.