Explore stories from Atlantic Canada.
SaltWire's Atlantic regional weather forecast for October 26, 2023 | SaltWireSYDNEY - Consumer confidence in New Zealand rose in October but more remained wary about purchasing major household items, the best retail indicator, ANZ-Roy Morgan data showed on Friday.
The consumer confidence index rose to 88.1 in October from 86.4 in September. A reading above 100 shows optimism, while below that indicates pessimism. A net 38% thought it was a bad time to buy a major household item, a 6-point drop from the previous month. "The level remains very weak, consistent with ongoing softness in per capita retail spending," ANZ Chief Economist Sharon Zollner said in a statement."Those paying off a mortgage continue to be more cautious about spending than those who are not, understandably."
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New Zealand's Prime Minister-elect Luxon says coalition negotiations continueExplore stories from Atlantic Canada.
Read more »
New Zealand's Prime Minister-elect Luxon says coalition negotiations continueExplore stories from Atlantic Canada.
Read more »
New Zealand looks to the future of climate-friendly travelTravelers will experience a new way to see the country as they work toward becoming the world’s first net zero destination
Read more »
New Zealand central bank says defaults in agricultural lending portfolios to riseMarket News
Read more »
New St. Joe’s breast cancer screening tech should increase capacity, allow new techniquesA $1.62 million donation to St. Joseph’s Healthcare Foundation is making the network a one-stop-shop for breast cancer screening and detection.
Read more »