NZ consumer confidence at pre-recession highs

Thu, 23 Jan 2014

Jan. 23 (BusinessDesk) - New Zealand consumers are the most upbeat they’ve been since the double-dip recession which began before the 2008 global financial crisis, underpinning the prospects for strong economic growth this year. The ANZ Roy Morgan consumer confidence index rose 6.4 points to 135.8, the highest level since January 2007. A net 50 percent of the 1,737 people surveyed said now is a good time to buy a big ticket item, up from a net 39 percent in December. The current conditions index rose 6.3 points to 130.1 and the future conditi...

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