• New Zealand's Westpac Consumer Confidence Index down 2.6 points to 108.6 in June

Market news

20 tháng 6 2018

New Zealand's Westpac Consumer Confidence Index down 2.6 points to 108.6 in June

  • Consumer confidence fell in June, taking it slightly below its long-run average.

  • The drop in confidence was widespread, and is consistent with the recent signs that the edge has come off the economy's upturn.

  • More households say that now is a good time to buy major household items, but this may reflect an expectation of price rises rather than a greater appetite to spend.

  • Households' inclination to save remains low.

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