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Australia Consumer Confidence November 2020

Australia: Consumer sentiment at seven-year high in November

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.

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