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Sharon Zollner chief economist at ANZ, explains that the New Zealand economy’s consumer confidence has found a floor after broadly trending down since March, according to the ANZ-Roy Morgan Consumer Confidence Index.

Key Quotes

“The overall index lifted 4 points in November to around the historical average.”

“The Current Conditions Index eased 1 point to 121, but the Future Conditions Index bounced back 6 points to 117, to levels more consistent with other readings this year.”