NZ consumers’ confidence in outlook dims versus current conditions

Thu, 12 Jul 2012

July 12 (BusinessDesk) - New Zealand consumers have become less confident about the outlook than they are about current economic conditions for the first time since 2008 though sentiment improved in July from June. The ANZ-Roy Morgan Consumer Confidence measure rose to 110.5 in July from 105.8 in June. The current conditions index rose 6 points to 111 and the future conditions index fell behind, rising 4 points to 110. A net 9 percent of those polled say they’re worse off than they were this time last year, an improvement from a net 10 perce...

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