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Consumer confidence slumps again
Consumer confidence slumps again
http://www.interest.co.nz Economic Weather report Consumer confidence slumps again Roy Morgan survey shows sharp fall to record low in early May 49% say worse off than a year ago (+7) 28% say better off than a year ago (-7) Record high 44% say now bad time to buy major household item 58% expect bad times for NZers over next 12 months, up 6% 44% expect themselves better off (-2) 28% see themselves worse off (+3) Westpac showed March Qtr slump But stabilized in April Fresh slump shows fears about higher fuel prices and weaker labour market are hitting consumers Clear in the latest figures from retailers Briscoes sales down 6.4% in Q1 Warehouse sales fell 4% Westfield sales fell 2.2% in Q1 Q1 retail sales figures out on Thursday
YouTube | May 12, 2008
