New Zealand: Consumer confidence at nine-month low in July
August 2, 2019
The ANZ-Roy Morgan consumer confidence indicator dropped to 116.4 in July (June: 122.6), moving closer to the 100-point threshold that separates optimism from pessimism among consumers.
Consumers were less optimistic about their current financial situation, and they also grew less confident about their future financial conditions. Moreover, their expectations on the future general economic situation turned slightly pessimistic.