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High consumer confidence doesn't match spending

A fall in petrol prices and an interest rate drop has consumers willing to spend, but actual spending was down for the December quarter.

Andrew Bevin Fri, 18 Jan 2019

New Zealanders found some spare cash in their pockets in the December quarter, with consumer confidence growing six points.

The Westpac-McDermott Miller consumer confidence figures contrast with Statistics New Zealand's electronic card spending figures also out this week, which show low spending

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Andrew Bevin Fri, 18 Jan 2019
Contact the Writer: andrew@nbr.co.nz
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High consumer confidence doesn't match spending
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