New Zealand consumer confidence improved slightly in August, survey data from ANZ showed Friday.
The ANZ-Roy Morgan consumer confidence index rose 2 points to 118 in August.
The current conditions index rose 1 point to 127 and the future conditions index gained 2 points to 112.
Households are feeling relatively robust at the moment, ANZ noted. Low interest rates are set to provide another support.
Consumers' perceptions of their current financial situation rose 4 points to a net 16 percent in August. A net 27 percent of consumers expect to be better off financially this time next year, which was a solid 6 point bounce-back from last month. About 39 percent think it's a good time to buy a major household item. Perceptions regarding the next year's economic outlook were unchanged at a net 1 percent expecting conditions to worsen.
At the same time, the five-year outlook was unchanged at +11 percent.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2142288/
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