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Financial News: New Zealand Consumer Confidence Index Rises In April

New Zealand Consumer Confidence Index Rises In April - ANZ

04/25/2019 - 18:20:00 (RTTNews)

(RTTNews) - Consumer confidence in New Zealand improved in April, the latest survey from ANZ Bank revealed on Friday - rising 1.1 percent on month to a reading of 123.2.

That follows the 0.8 percent gain in March to 121.8.

Consumers' perceptions of their current financial situation rose 2 points to a net 14 percent feeling financially better off than a year ago.

A net 30 percent of consumers expect to be better off financially this time next year, up 1 point. A net 46 percent think it's a good time to buy a major household item, up 8 points.

Perceptions regarding the next year's economic outlook fell 1 point to a net 9 percent expecting conditions to improve. The five-year outlook fell 3 points to +18 percent.

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