NZ consumer confidence rises from 14-month low in post-election bounce

Fri, 12 Dec 2014

By Suze Metherell Dec. 12 (BusinessDesk) - New Zealand consumer confidence snapped three months of falls to climb from a 14-month low in December, as rising house prices and falling petrol costs boost post-election optimism as consumers head into the peak Christmas season. The ANZ-Roy Morgan consumer confidence index rose 4.7 points to 126.5 in December, above the long-term average of 118.8. The current conditions index increased 6.6 points to 126.1, while future conditions gained 3.4 points to 126.8. "Petrol prices have come down, del...

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