Confidence wanes as NZ consumers worry about the future

Thu, 01 Aug 2019

By Rebecca Howard Aug. 2 (BusinessDesk) - Consumer confidence took a hit in July as consumers fret about the future. The latest ANZ-Roy Morgan survey of consumer confidence fell 6 points in July to 116.4, the lowest reading so far this year and below the historic average of 120.0. Perceptions of current conditions fell 2 points to 125.8 while the future conditions index fell 9 points to 110.2, the lowest level since September 2015. A net 39 percent think it's a good time to buy a major household item, down one point from the prior s...

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