NZ consumer confidence near four-year high ahead of Christmas retailing

Fri, 13 Dec 2013

By Paul McBeth Dec. 13 (BusinessDesk) - New Zealand consumer confidence was near a four-year high in the lead-up to the Christmas season, an all-important period for retailers. The ANZ-Roy Morgan consumer confidence index increased 1 point to 129.4 in December, the highest level since January 2010. Seasonally adjusted, the measure was at its highest level since February 2007. A net 39 percent of 1,063 people surveyed thought it was a good time to buy big ticket items, up from a net 33 percent in November, auguring well for retailers who’ve...

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