News: NZ consumer confidence rises to highest since January-ANZ survey

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    WELLINGTON, June 20 (Reuters) - Consumer confidence in New Zealand rose in June to its highest levels since January, a survey showed on Tuesday.

    The ANZ-Roy Morgan consumer confidence index rose to 127.8 from 123.9 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 dipped to 3.5 percent, little changed from 3.6 percent in the previous survey.

 
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