A slowdown in the housing market and rising fuel prices could be to blame for a big drop in consumer confidence
A slowdown in the housing market and rising fuel prices could be to blame for a big drop in consumer confidence
19 September 2018
The Westpac Consumer Confidence Index fell 5.1 points in September - reaching the lowest level in six years.
Dominick Stephens says Kiwis are particularly concerned about the outlook for their own finances, and the general economy, over the next year.
He says the Auckland region has seen the biggest drop in confidence, and urban Wellington Kiwis remain firmly optimistic, albeit a little less so than last quarter.
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