finance
New Zealand Consumer Confidence Index Rises to 91.3 in June
The ANZ-Roy Morgan New Zealand consumer confidence index increased to 91.3 in June, exceeding both the prior month's reading and analyst expectations. The gain marks a rebound from the 86.5 level recorded in May.
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The ANZ-Roy Morgan New Zealand consumer confidence index rose to 91.3 in June from 86.5 the previous month.
The index is compiled jointly by ANZ and Roy Morgan and tracks household sentiment across New Zealand. It is based on responses to questions about current and expected economic conditions, personal finances, and willingness to spend.
The latest reading reverses a decline recorded in May and brings the measure above the level anticipated by forecasters. No individual spokespeople or officials are named in the data releases. The index remains below the neutral 100 mark, indicating that pessimism still outweighs optimism among respondents.
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