NZ consumer confidence ticks up in June quarter on optimistic outlook

Sun, 18 Jun 2017

By Rebecca Howard June 19 (BusinessDesk) - New Zealand consumer confidence gained in the June quarter and reached its highest level since early 2015 as consumers were more upbeat about the economic outlook although they were slightly more jittery about the current economic situation. The Westpac McDermott Miller consumer confidence index rose 1.5 points to 113.4 in the June quarter, above the long-run average of 111.4. A reading above 100 indicates optimists outnumber pessimists, and the survey has been above that level since March 2011....

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