New Zealand data - March consumer confidence plunges to 86.4 (prior 94.5) ...Middle East

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New Zealand data - March consumer confidence plunges to 86.4 (prior 94.5)
From New Zealand comes the ANZ-Roy Morgan Consumer Confidence Index for March 202486.4prior 94.5The recession in New Zealand obviously weighing.ANZ comments:net 24% think it is a bad time to buy a major household item, down 6 percentage points, bringing to an end a steady run of improvement"News that the economy re-entered recession in the second half of last year appears to have hit consumer confidence hard"--- A reading above 100 shows optimism, while below that indicates pessimism. Auckland New Zealand This article was written by Eamonn Sheridan at www.forexlive.com.

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