WELLINGTON, April 21 (Reuters) - Consumer confidence in New Zealand slipped to a seven-month low in April as sentiment in the nation's commercial capital Auckland was dented by slowing house prices, a survey showed on Friday.
The ANZ-Roy Morgan consumer confidence index fell to 121.7 from 125.2 in the previous month. A reading above 100 shows optimism, while below that indicates pessimism.
ANZ flagged a slow down in the property market in previously red-hot Auckland as the main cause behind the fall, but said the index remained historically high.
- Forums
- NZX - General
- News: New Zealand consumer confidence drops in April - ANZ Bank
News: New Zealand consumer confidence drops in April - ANZ Bank
Featured News
Featured News
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online