NZ consumer confidence dips in November as economic outlook dims

Thu, 16 Nov 2017

By Paul McBeth Nov. 16 (BusinessDesk) - New Zealand consumer confidence fell to a seven-month low in November as households grew less optimistic about the economy's fortunes. The ANZ Roy Morgan consumer confidence index declined to 123.7 this month from 126.3 in October, falling for a second month while remaining at historically elevated levels. The current conditions index edged up 0.6 of a point to 124.6, while the future conditions measure dropped 4.6 points to 123.2. Of the 1,000 respondents, a net 18 percent saw good economic ti...

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