NZ consumer confidence improves in October, pointing to strong economic growth

Thu, 13 Oct 2016

By Paul McBeth Oct. 13 (BusinessDesk) - New Zealand consumer confidence rose in October as rising house prices and a strong labour market keep people upbeat, further supporting economic growth. The ANZ-Roy Morgan consumer confidence index increased to 122.9 last month from 121 in September, with people more optimistic about the country's outlook. The current conditions index slipped 1.4 points to 122.7, while the future conditions index gained 4.1 points to 123.1. New Zealand's economy has been underpinned by an expanding population,...

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