NZ consumer confidence held steady in May in 'Goldilocks range'

Thu, 31 May 2018

By Tina Morrison June 1 (BusinessDesk) - New Zealand consumer confidence held steady in May at levels slightly above the historical average. The ANZ Roy Morgan consumer confidence index edged up to 121 in May from 120.5 in April. The current conditions index lifted to 124.6 from 123.1 while the future conditions index was largely unchanged at 118.5 from 118.7. "Both the current and future conditions indexes were little changed. Consumers are feeling neither exuberant nor alarmed," said Sharon Zollner, chief economist at ANZ Bank New Z...

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