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Festive mood lifts confidence to 2013-high

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January 09, 2018

Consumer confidence has picked up since mid December, lifting to its highest since November 2013.

The festive season glee has trickled through to consumers in the new year, with confidence climbing to a more than four-year-high.

The latest ANZ-Roy Morgan Consumer Confidence Index shows a 4.7 per cent rise from mid-December to 122 points - its highest since November 2013 - thanks to significant increases in all sub components.

ANZ's head of Australian economics David Plank said the lift in confidence was "more than just seasonal" and attributed it to continued strong growth in employment.

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