New Zealand consumer confidence falls in second-quarter: private survey

Reuters

WELLINGTON (Reuters) - Consumer confidence in New Zealand fell in the second quarter as households have become increasingly nervous about the economic outlook, a survey showed on Monday.

 

The Westpac-McDermott Miller consumer confidence index fell to 106.0 in the June quarter from 109.6 in the previous quarter. A reading above 100 indicates more optimists than pessimists.

 

(Reporting by Rebecca Howard; Editing by Phil Berlowitz)

 

 
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