Dunedin Television|On Demand - Freeview|HD Channel 39 - Monday, May 20th, 2013


Data on consumer confidence appears to run counter to figures

New data on consumer confidence appears to run counter to figures released last week, with the Westpac McDermott Miller index showing a rise.

The index suggests consumer confidence has recovered in the third quarter of the year, with households more willing to buy major household items.

That comes even as households report a deterioration in their own financial circumstances.

ANZ-Roy Morgan measures late last week suggested confidence eased in September, with pessimistic perceptions towards the general economy unchanged.