NZ consumers feeling better about their own back pocket, wary on wider economy

Thu, 29 Aug 2019

By Paul McBeth Aug. 30 (BusinessDesk) - New Zealand consumer confidence improved in August as households were more upbeat about the state of their own finances despite being somewhat uneasy about the outlook for the wider economy. The ANZ-Roy Morgan consumer confidence index increased 1.8 points to 118.2 points last month, with the current conditions up 1.4 points to 127.2 and the future conditions gauge up 2 points at 112.2. ANZ New Zealand chief economist Sharon Zollner said the index was still slightly below the long-term average, but...

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