NZ consumer confidence rises to six-month high in November
[WELLINGTON] Consumer confidence in New Zealand rose in November while inflation expectations hit a four-month high, a survey showed on Thursday.
The ANZ-Roy Morgan consumer confidence index rose to 122.7, its highest level in six months, from 114.9 in the previous month. A reading above 100 shows optimism, while below that indicates pessimism.
Expectations for consumer price inflation over the next two years rose to 4.1 per cent from 3.3 per cent in the previous survey.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Thames water crisis risks £100 billion UK investment plan
Indian central bank issues draft guidelines for web aggregators of loan products
Vietnam National Assembly head resigns amid graft purge
China central bank flags bond investment risks to some financial institutions: sources
Xi tells Blinken US, China should be 'partners, not rivals'
Indonesia’s push for regional economic integration to continue under Prabowo: Vivian Balakrishnan