NZ consumer confidence slips in September, mood remains buoyant

Fri, 13 Sep 2013

By Tina Morrison Sept. 13 (BusinessDesk) – New Zealand consumer confidence slipped this month although the mood remains buoyant. The ANZ-Roy Morgan consumer confidence index dipped to 119 in September from 123 in August. The current conditions index fell 6 points to 116 while the future conditions index dropped 3 points to 121. “This is not ominous,” ANZ New Zealand chief economist Cameron Bagrie said in his report. “Levels of confidence remain elevated and consistent with a decent pace of momentum across the spending side of the economy.”...

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