NZ consumer confidence eases in April but remains above average

Fri, 21 Apr 2017

By Rebecca Howard April 21 (BusinessDesk) - New Zealand consumer confidence eased in April, weighed by a slowdown in the property market and growing expectations that interest rates will rise. The ANZ-Roy Morgan consumer confidence index decreased to 121.7 from 125.2 in March, still above the average of 118. The current conditions index slipped to 123.2 from 125.9 while the future conditions index eased to 120.8 from 124.8. "A slow-down in the property market, notably in Auckland, is likely to have been a factor. While price inflati...

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