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New Zealand Consumer Confidence Deteriorates, RBNZ To Cut Rates Two Times This Year

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 21, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Consumer confidence in New Zealand worsened in the first quarter, as continuous drops in dairy prices and volatility in global markets weighed on sentiment. The Westpac-McDermott Miller consumer confidence index slid to 109.6 from 110.7 in the previous quarter. Consumer moods on current economic conditions were largely flat this quarter,[​IMG]

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