WELLINGTON, Feb 3 (Reuters) - Consumer confidence in New
Zealand rose in January compared with the prior month as
consumers expect to see an improvement in coming months, ANZ-Roy
Morgan data showed on Friday.
The consumer confidence index lifted to 83.4 points in
January. A reading above 100 shows optimism, while below that
indicates pessimism.
"While confidence rose, it remains very low, and the
softening labour market could see the long-running disconnect
between consumers’ stated intentions and their actual spending
decisions close," ANZ said in a statement.
(Reporting by Lucy Craymer; editing by Jonathan Oatis)
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