NZ consumer confidence dims in 2Q as future gets a little scarier

Sun, 17 Jun 2012

By Paul McBeth June 18 (BusinessDesk) - New Zealand consumer confidence dimmed in the second quarter of the year as people were content about the present, but increasingly gloomy about the future. The Westpac McDermott Miller Consumer Confidence Survey fell 2.5 points to 99.9 in the three months ending June, eroding gains in the first three months of the year, and indicating there are more pessimists than optimists. Respondents were more upbeat about their current situation, with the present conditions index up 3 points to 101.5, though the...

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