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Australian Consumer Confidence Jumps 5.6% in January, Most in Six Months
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Australian Consumer Confidence Jumps Most in 6 Months (Update1)
Share Business ExchangeTwitterFacebook| Email | Print | A A A By Jacob Greber
Jan. 20 (Bloomberg) -- Australian consumer confidence rose in January by the most in six months, adding to signs the nation’s economy is robust enough for central bank Governor Glenn Stevens to resume a record run of interest rate increases.
The sentiment index climbed 5.6 percent to 120.1 points, according to a Westpac Banking Corp. and Melbourne Institute survey of 1,200 consumers conducted between Jan. 11 and Jan. 17 and released today in Sydney.
Confidence is surging amid Australia’s biggest hiring boom in more than three years,... Full Story |
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Submitted Jan 19, 2010 7:05pm
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