Business

Consumer confidence on the up - ANZ

17:43 pm on 23 April 2015

Consumer confidence is continuing to rise, with more than a third of respondents to a survey saying they're financially better off now than they were a year ago.

Photo: RNZ / Diego Opatowski

The ANZ-Roy Morgan New Zealand Consumer Confidence index rose one point on a seasonally adjusted basis to 128.8 in April, compared with the previous month.

ANZ chief economist Cameron Bagrie, said New Zealand was reinforcing its status as the plucky country, with positive sentiment rising, while Australia was seeing the reverse.

Mr Bagrie said the high New Zealand dollar had been a drag for exporters, but has made imported goods cheaper for consumers, with Gold Coast holidays much cheaper now than they were last year.