NZ consumer confidence dips in October, but 'no fear'

Thu, 12 Oct 2017

By Sophie Boot Oct. 12 (BusinessDesk) - New Zealand consumer confidence dropped in October from a three-year high although it remains at its third highest level for that period. The ANZ-Roy Morgan consumer confidence index fell four points to 126.2 in October, with the current conditions index dropping 3.3 points to 124 and the future conditions measure down 3.8 points to 127.8. “History suggests consumers should be feeling a little spooked," said ANZ Senior Economist Sharon Zollner. "A sharply weaker housing market typically sees cons...

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