New Zealand: Consumer confidence gains some ground in June
The ANZ-Roy Morgan consumer confidence indicator rose to 122.6 in June (May: 119.3), moving further above the 100-point threshold that separates optimism from pessimism among consumers.
Consumers were more optimistic about their current financial situation, and they also grew more confident about their future financial conditions. Consumers had also rosier expectations on the future general economic situation. On the flip side, the willingness to buy big-ticket household items declined.