News: NZ consumer confidence rises in Q2 -Westpac survey

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    WELLINGTON, June 19 (Reuters) - Consumer confidence in New Zealand grew in the second quarter to its highest level in more than two years, a survey showed on Monday.

    The Westpac-McDermott Miller consumer confidence index rose to 113.4 from 111.9 in the previous quarter. A reading above 100 indicates more optimists than pessimists.

    The boost in optimism was due largely to a rise in global dairy prices putting more money in pockets in rural areas and a recent government family support package announced in May, Westpac economists said.

 
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