NZ consumer confidence rises in January as housing market stabilises, election jitters fade

Thu, 01 Feb 2018

By Jonathan Underhill Feb. 2 (BusinessDesk) - New Zealand consumer confidence rose in January, snapping a three-month slide, as Kiwis became more upbeat about the economic outlook, house prices and spending on major household items. The ANZ Roy Morgan consumer confidence index rose to 126.9 in January from 121.8 in December. The current conditions index rose 8.1 points to 131.3, the highest level since 2007, while the future conditions index gained 3 points to 124. Of the 999 respondents to the survey, a net 21 percent saw good economi...

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