Households nervous about state of the economy

Mon, 22 Mar 2021

New Zealanders are feeling more nervous about the parlous state of the economy over the coming year, although they’re cautiously optimistic about their own back pockets, according to the latest Westpac McDermott Miller survey.The headline consumer confidence index dipped 0.8 of a point to 105.2 in the March quarter, remaining below its long-run average of 109.9. Westpac said the result isn’t surprising given the survey took place when covid restrictions were in place, which will have “dampened some households’ spiri...

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