Consumers say, 'I'm alright, Jack', despite business gloom

Thu, 28 Mar 2019

By Jenny Ruth March 29 (BusinessDesk) - Even as businesses grow ever more gloomy, consumers are feeling not too bad. The latest ANZ-Roy Morgan survey of consumers rose a point to 121.8 in March, well above the neutral 100 point level and about average. Perceptions of current conditions fell a point while the future conditions index rose 2 points and those households who think it’s a good time to buy a major household item fell a point, although ANZ New Zealand chief economist Sharon Zollner says the changes were “pretty much rounding e...

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