Consumer confidence in New Zealand picked up steam in September, the latest survey from ANZ Bank revealed on Friday as its consumer confidence index advanced 2.8 percent to a reading of 121.0.

That represents an eight-month high for the index, and it follows the 0.4 percent decline in August to 117.7.

The September results shows that economic momentum is continuing at brisk clip, ANZ said in its commentary, as house price expectations hit a new high.

The index continues to flag solid to strong GDP growth in coming months, with projections hitting 4 percent - rttnews.