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Economic Buzz: Australia Westpac Consumer Confidence Index Weakens In January
20-Jan-21   08:08 Hrs IST

Australia consumer confidence took a hit in January, the latest survey from Westpac Bank revealed on Wednesday with a consumer confidence index score of 107.0. That's down from 112.0 in December, although it remains above the line of 100 that separates optimism from pessimism. The January reading represents a 4.5 percent monthly drop following the 4.1 percent increase in the previous month.

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