NZ consumer confidence dips from 19-month high, still upbeat

Fri, 16 Dec 2016

By Paul McBeth Dec. 16 (BusinessDesk) - New Zealand consumer confidence slipped from a 19-month high this month while remaining relatively upbeat as people's optimism about the strength of the economy shook off the impacts of last month's Kaikoura earthquake. The ANZ-Roy Morgan consumer confidence index fell 2.7 points to 124.5, snapping three months of gains, and when combined with optimistic business sentiment pointed to annual economic growth of more than 4 percent. The current conditions index fell 2.2 points to 125.1 while the futur...

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