Consumer confidence blips back up in early April survey

The Roy Morgan Consumer Confidence rating rose 4.2 points in April from late March to 97.6 points, but was still down slightly from a year ago. Survey respondents were less worried about 2009 with 59% (down 5%) expecting "˜bad times' economically through the next 12 months, while 23% (up 2%) expected "˜good times.' The proportion of those expecting good times over the next five years rose 5% to 48%, the highest level since December last year, the Roy Morgan survey showed. 51% (up 3%) expected to be "˜better off' financially in a year's time, while 25% (down 1%) expected to be "˜worse off' financially in a year's time. 44% (up 2%) said their family was financially "˜worse off' than a year ago, while 25% (down 1%) said their family was better off financially. * This article was first published in our daily subscription email newsletter for the banking and finance industries. The email costs NZ$365 per annum and includes exclusive news and analysis for New Zealand banking and finance industry executives, regulators and investors. Sign up for a free trial here.