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    Westpac Banking Corporation's consumer sentiment index for Australia shows the largest monthly increase since September 2011 | 11.02.2015

     

    The Melbourne Institute and Westpac Bank released its consumer sentiment index for Australia on late Tuesday. The consumer sentiment index for Australia increased 8.0% in February, after a 2.4% rise in January. That was the largest monthly increase since September 2011.

     

     

    The increase was driven by interest rate cut by the Reserve Bank of Australia and falling fuel prices.


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