NZ consumer confidence ticks up in August

Thu, 17 Aug 2017

By Rebecca Howard Aug. 17 (BusinessDesk) - New Zealand consumer confidence rose in August with little sign that a cooling housing market is hurting consumer sentiment. The ANZ-Roy Morgan consumer confidence index rose to 126.2 in August from 125.4 in July. Of that, the current conditions index was unchanged at 124.9 and the future conditions measure rose 1.3 points to 127.1. ANZ Bank New Zealand chief economist Cameron Bagrie said that on a seasonally adjusted basis, confidence rose to its highest level since July 2014 and that tod...

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