NZ consumer confidence climbs to five-month high on sunny outlook

Tue, 20 Jun 2017

By Paul McBeth June 20 (BusinessDesk) - New Zealand consumer confidence rose to a five-month high on a strong labour market and the government's boost to household incomes, announced in last month's Budget. The ANZ-Roy Morgan consumer confidence index rose to 127.8 in June from 123.9 a month earlier, the highest reading since January. Of that, the current conditions index edged up 0.6 of a point to 129.4 while the future conditions measure climbed 5.5 points to 126.7. "While housing market momentum is slowing, there is still plenty f...

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