NZ consumer confidence rises in February, outperforms business confidence

Thu, 01 Mar 2018

By Sophie Boot March 2 (BusinessDesk) - New Zealand consumer confidence gained in February, continuing a recovery and bolstering the composite gauge after weak business confidence results. The ANZ Roy Morgan consumer confidence index rose to 127.7 in February from 126.9 in January. The current conditions index fell 4 points to 127.3 while the future conditions index gained 4 points to 128. Of the survey's 1,000 respondents, a net 21 percent saw good economic times in the coming 12 months, unchanged from January. The five-year outlook r...

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