NZ consumer confidence slips in July, remains elevated; long-term view remains upbeat

Thu, 13 Jul 2017

By Jonathan Underhill July 13 (BusinessDesk) - New Zealand consumer confidence fell from a five-month high in July, but remained elevated, with a dip in those who thought it was a good time to buy a major household item and a broadly unchanged view that the next five years will generally bring good times. The ANZ-Roy Morgan consumer confidence index slipped to 125.4 in July from 127.8 in June. Of that, the current conditions index dropped 4.5 points to 124.9 and the future conditions measure fell 0.9 points to 125.8. ANZ Bank New Zeala...

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