Consumers slightly less gloomy in June

Fewer people think it's a bad time to buy an appliance. (Image: Getty)

Fri, 30 Jun 2023

New Zealand consumers were in a slightly better mood in June, but they're far from optimistic. The monthly ANZ-Roy Morgan consumer confidence index lifted 6 points in June to 85.5. A reading above 100 shows optimism, while below that shows pessimism.While consumers are still pessimistic, it's the highest reading since January last year. ANZ chief economist Sharon Zollner said the overall level of confidence was still very subdued. "While job security is still excellent on the whole and wage growth historically stron...

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