According to the results of a survey conducted by Westpac Bank, the trust of consumers in Australia in October improved by 3.6% to 101.4, following a 2.5% increase in September to 97.9 points.
In a report from Westpac, noted:
Consumer confidence in October was the highest this year for the first time exceeding the value of 100, which separates optimists from pessimists. The increase in consumer confidence observed on the background of successive reports on the improvement of the world economy .
Concern about rising interest rates associated with overheated housing markets , weakening, while the ongoing improvements in the labor market can also increase trust.
Information-analytical Department Forex club