Consumer confidence falls to six-year low in September quarter

Tue, 18 Sep 2018

By Rebecca Howard Sept. 19 (BusinessDesk) - Consumer confidence fell to a six-year low in the September quarter as New Zealand households fret about the outlook for their own finances and the general economy, according to the latest Westpac McDermott Miller survey. The Westpac McDermott Miller consumer confidence index declined 5.1 points to 103.5 in the September quarter, the lowest level since September 2012 and below the long-run average of 111.3. The present conditions index fell 4.2 points to 107.5, slightly below the long-run avera...

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