NZ consumer confidence ticks up in August as kiwis remain upbeat

Thu, 15 Aug 2013

Aug. 15 (BusinessDesk) - New Zealand consumer confidence increased this month from its already elevated level as people remain optimistic about the state of the economy. The ANZ-Roy Morgan consumer confidence index increased to 123 in August from 119.8 last month, retracing a dip in July. The current conditions index improved to 121.6 from 118.2 and future conditions gained to 124 from 120.9. “Solid readings for consumer confidence, in combination with the same for business sentiment, are signalling an economy with good momentum,” ANZ chie...

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