Retail NZ is celebrating a rise in consumer confidence, revealed in the latest ANZ-Roy Morgan NZ Consumer Confidence Index.

“It’s the positive news that retailers need right now, especially with the sharp lift in the proportion of households thinking it’s a good time to buy a major household item,” Retail NZ Chief Executive Carolyn Young says.

The December ANZ-Roy Morgan NZ Consumer Confidence Index shows consumer confidence hitting positive territory, rising from 99.8 to 100.2.

“We hope this will be reflected in holiday season spending, providing a boost to New Zealand’s retail sector,” Ms Young says.

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