NZ consumer confidence dips in February, remains elevated

Thu, 19 Feb 2015

By Paul McBeth Feb. 19 (BusinessDesk) - New Zealand consumer confidence dipped in February while remaining elevated in the face of low interest rates and cheaper fuel. The ANZ-Roy Morgan consumer confidence index fell 4.9 points to 124 in February, snapping two months of gains, to remain at elevated levels. The current conditions index slipped 3.8 points to 123 and the future conditions index fell to 124.6 from 130.3. "We're not reading too much into the dip - though it is interesting that lower interest rates and petrol prices have no...

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