Satish Ranchhod, senior economist at Westpac, notes that the New Zealand’s Westpac-McDermott Miller Consumer Confidence Index fell 5.3 points in March to a level of 103.8, suggesting that the consumer confidence has lost altitude and now sits at a below average level. Key Quotes “Confidence was down across all income brackets, age groups and regions.” “Households have highlighted increased concern about their personal financial situation. They are also concerned about the trajectory of the economy over the next few years.” “Despite the increased concern about the economic outlook, spending appetites only softened a little.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Stellar market update: XLM/USD rushes forward on Coinbase listing announcement FX Street 4 years Satish Ranchhod, senior economist at Westpac, notes that the New Zealand's Westpac-McDermott Miller Consumer Confidence Index fell 5.3 points in March to a level of 103.8, suggesting that the consumer confidence has lost altitude and now sits at a below average level. Key Quotes "Confidence was down across all income brackets, age groups and regions." "Households have highlighted increased concern about their personal financial situation. They are also concerned about the trajectory of the economy over the next few years." "Despite the increased concern about the economic outlook, spending appetites only softened a little." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.