Westpac–Melbourne Institute Consumer Sentiment Index
Westpac has released its latest Westpac–Melbourne Institute Consumer Sentiment Index which has reported a 4 per cent rise in March, rising to 95.9 from 92.2 in February.
The survey detail shows a broad-based improvement with a notable rise in confidence around the labour market outlook, with Westpac noting that at 95.9, the Consumer Sentiment Index is now at a three-year high and just 4% off the ‘neutral’ level of 100.
The full report can be accessed here.