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.  

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