NZ regional economic confidence edges up in June quarter

Mon, 25 Jun 2018

By Margreet Dietz June 26 (BusinessDesk) - New Zealand's regional economic confidence rose marginally in the quarter ending June, with only six of the country's 11 regions showing an improvement over the previous quarter, as pessimism in Auckland grew and optimism cooled in three key dairy and oil exploration regions, according to the latest Westpac-McDermott Miller survey. Households in Auckland are easily the most pessimistic in the country; indeed, pessimists in the region have outnumbered optimists in two of the last three quarters, W...

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