Consumer confidence slips to 14-month low

Thu, 13 Nov 2014

By Suze Metherell Nov. 13 (BusinessDesk) - New Zealand consumer confidence fell to a 14-month low in November as households felt less optimistic about the future, with economic momentum cooling. The ANZ-Roy Morgan consumer confidence index fell 1.6 points to 121.8 in November to its lowest reading in 14 months, though still above its long-term average of 118.8. The current conditions index eased 4.9 points to 119.5, while future conditions rose 0.6 points to 123.4. "Levels of confidence remain high: it’s not until you start dipping bel...

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