NZ consumer confidence gains in September, bolstered by house price expectations

Fri, 16 Sep 2016

By Sophie Boot Sept. 16 (BusinessDesk) - New Zealand consumer confidence lifted in September as house price expectations hit a new high The ANZ-Roy Morgan consumer confidence index rose to 121 this month from 117.7 in August. A net 31 percent of respondents expect to be better off financially in a year's time compared to 25 percent a month earlier. Consumers were also more optimistic in their 12-month outlook for the wider economy, with a net 12 percent expecting good times ahead, up from 5 percent in August, while over a five-year hor...

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