Consumers gloomy about economic outlook, wage inflation helps
ANZ October survey shows economic pessimism, willingness to spend on large items.
More people were employed in September, according to Stats NZ.
Consumer confidence remained muted in October as sharp increases in the cost of living ate into household budgets.
The ANZ-Roy Morgan Consumer Confidence Index was unchanged in October at subdued levels of 85.4.
It remained a tale of two halves, with households finding the cost of living hard to deal
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