WBC News: Australian Consumer Sentiment Improves Marginally in September- Westpac - 13th Sep 2022, 6:53am

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By Ambar Warrick

Investing.com-- Australian consumer confidence improved slightly in early-September, a survey by Westpac Banking Corp (ASX:WBC) showed on Tuesday, as strength in the labor market helped offset headwinds from high inflation and interest rates.

The Westpac Melbourne Institute Index of Consumer Sentiment rose by 3.9% from 81.2 in August to 84.4 in September, the bank said in a statement. While the index logged its first gain in 10 months, it still remained near historic lows.

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