Consumer sentiment hits two-year high

AUSTRALIAN consumer view has strike a top turn in some-more than dual years though is nonetheless to yield a boost to a economy.

The Westpac/Melbourne Institute index of consumer view rose dual per cent to 110.5 points in March, a top turn given a finish of 2010. A reading above 100 indicates optimists outnumber pessimists among respondents, with a index carrying been in certain domain for a past 5 months.

Westpac arch economist Bill Evans pronounced consumer view had risen 15.1 per cent over a past year and was during a top turn given Dec 2010.

He pronounced consumers were finally reacting to a 1.75 commission points of seductiveness rate cuts delivered between Nov 2011

Read full article: http://www.theaustralian.com.au/sport/cricket/after-the-delirium-peter-siddle-ices-talk-of-test-rotation/story-e6frg7rx-1226526099233

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Source:
http://www.news.ezonearticle.com/2013/03/12/consumer-sentiment-hits-two-year-high/