• New Zealand consumer confidence strengthened

Market news

18 November 2016

New Zealand consumer confidence strengthened

New Zealand consumer confidence strengthened to the highest level in more than a year in November, survey data from ANZ Bank showed Friday, cited by rttnews.

The ANZ Roy Morgan Consumer Confidence Index rose to 127.2 in November from 122.9 in October. This was the highest score since April 2015 and the reading improved for six consecutive months.

The current conditions and future conditions indexes rose 4 points each, to 127.3 and 127.2 respectively.

A net 13 percent feel better off compared with a year ago, which was the highest since June 2014.

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