NZ consumer confidence dips in March, still upbeat

Fri, 17 Mar 2017

By Rebecca Howard March 17 (BusinessDesk) - New Zealand consumer confidence dipped in March as net optimism toward the economy eased, but remained above average. The ANZ-Roy Morgan consumer confidence index decreased to 125.2 from 127.4 in February, still above the average of 118. The current conditions index slipped to 125.9 from 128 while the future conditions index eased to 124.8 from 127. "The data continues to signal a good tempo for spending trends and economic momentum," said ANZ Bank New Zealand chief economist Cameron Bagrie...

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