New Zealand: Consumer confidence rises to an over-a-year high in April
The ANZ-Roy Morgan consumer confidence indicator rose to 123.2 in April, from March’s 121.8. Thus, the index moved further above the 100-point threshold that separates optimism from pessimism among consumers.
Consumers’ assessment of their current conditions rose in April from a month earlier. This reflected a stronger willingness to buy big-ticket household items as well as a better perception of their current financial situation. However, consumers were slightly less confident over future conditions.