FMCG Blog » westpac http://fmcgblog.com.au FMCG Views and News Tue, 07 Feb 2012 06:53:09 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Surge in Consumer Confidence! http://fmcgblog.com.au/2008/12/surge-in-consumer-confidence/ http://fmcgblog.com.au/2008/12/surge-in-consumer-confidence/#comments Wed, 10 Dec 2008 00:02:55 +0000 Tim http://fmcgblog.com.au/?p=259 Woo Ho – is the tide turning in Australia.  The lower interest rates and Rudd’s cash injection have definitely had an impact on consumer confidence. As reported in The Age Online today;

“The Westpac/Melbourne Institute consumer sentiment index, rose by 7.5 per cent in December to 92.0 index points, and this follows a 4.3 per cent rise in November.”

While 92.0 indicated more pessimists than optimists, the improvement is great news for retailers in the Christmas/New Year season.

Tim

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