Retail NZ reports a rise in consumer confidence ahead of Christmas, with optimistic projections for increased holiday spending and retail sector growth.
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Economists call that confidence, uh, and they acknowledge that it's a factor in whether people choose to go out for dinner, to go out and spend to buy a new house. And the point that I've been making is, yeah, there have been reasons to knock around people's confidence, the tariff war, uh, the Middle East conflict.
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positive economic signal for retail
****Consumer confidence improves in run-up to Christmas**** \\ \\ **20 December 2024**\\ \\ Retail NZ is celebrating a rise in consumer confidence, revealed in the latest ANZ-Roy Morgan NZ Consumer Confidence Index.psychological shift driven by global stability
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