Global Economic News

Australia Consumer Confidence Ticks Higher In January - Westpac

Consumer confidence in Australia inched slightly higher in January, the latest survey from Westpac Bank showed on Wednesday - rising 0.1 percent on month to a score of 97.4.

That follows the 3.9 percent contraction in December to a score of 97.3.

The small gain suggests that the recent increase in employment is having only a marginal effect on the economic outlook, Westpac said.

by RTTNews Staff Writer

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