Consumer Confidence Stages Full Recovery

Consumer Confidence Stages Full Recovery
People walk past the Myer Christmas window display as they do their Christmas shopping in Melbourne, Australia, on Dec. 20, 2012. Scott Barbour/Getty Images
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Consumer confidence has bounced back to its pre-COVID-19 pandemic levels in June, with the easing of restrictions giving people something to be optimistic about.

The Westpac Consumer Sentiment index rose 6.3 percent to 93.7 in June - taking the index back towards the 100 mark, which signifies more optimists than pessimists about the economy - among the 1200 people surveyed in the first week of June.