Low consumer confidence likely to hold back spending
Dominick Stephens says it is no surprise people are worried about the economy.
Brent Edwards
Tue, 15 Sep 2020
Consumer confidence has fallen to its lowest level since the global financial crisis in 2008.
But confidence has still not plunged as low as it got then.
The Westpac McDermott Miller consumer confidence index fell 2.1 points in September, dropping to 95.1.
Westpac’s chief economist
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Brent Edwards
Tue, 15 Sep 2020
Contact the Writer: brent@nbr.co.nz
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Low consumer confidence likely to hold back spending
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