NZ consumer confidence upbeat in July as Kiwis pick better times for themselves

Thu, 14 Jul 2016

By Paul McBeth July 14 (BusinessDesk) - New Zealand consumer confidence remained upbeat in July as Kiwis were more optimistic about their own fortunes than they were for the broader economy. The ANZ-Roy Morgan consumer confidence index slipped to 118.2 last month from 118.9 in June, though a net 29 percent of respondents expect to be better off financially in a year's time, compared to 24 percent a month earlier. They were less optimistic about their 12-month outlook for the economy, with a net 4 percent expecting good times ahead, down...

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