NZ consumer confidence rebounds in June from a six-month low

Fri, 20 Jun 2014

By Tina Morrison June 20 (BusinessDesk) - New Zealand consumer confidence rebounded from a six-month low in June, supported by a strong economy. The ANZ-Roy Morgan consumer confidence index rose to 131.9 from 127.6 in May. A reading above 100 indicates optimists outnumber pessimists. New Zealanders are feeling more buoyant on the back of a strong economy where the prospects of higher wages loom as employment increases and the cost of living is supported by low inflation, ANZ said. A report yesterday showed the economy expanded at a 3.3...

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