NZ consumer confidence snaps four months of declines in September as outlook perks up

Fri, 18 Sep 2015

By Paul McBeth Sept. 18 (BusinessDesk) - New Zealand households were a little perkier in September, ending a four-month slide, as the pessimism over the nation's economic outlook eased. The ANZ-Roy Morgan consumer confidence index rose 1 point to 110.8 from a three-year low in August. The current conditions index fell to 114.9 from 117.2, while the future conditions component increased to 108.1 from 104.9. "Though one can never read too much into one month of data, it is encouraging," ANZ Bank New Zealand chief economist Cameron Bagrie...

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