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Australia consumer confidence jumps to 20-month high in Feb

By Inquirer - 9 months ago
SYDNEY  – Australian consumer sentiment rebounded to a 20-month high in February as a slowdown in inflation fueled hopes interest rates had finally peaked and boosted spending intentions, a survey showed on Tuesday. The Westpac-Melbourne Institute index of consumer sentiment jumped 6.2 percent in February, from January when it fell 1.3 percent. The index reading

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