Mon, 18 Jun 2012 10:43:55 GMT
New Zealand consumer sentiment declined in June
The Westpac McDermott Miller Consumer Confidence Index lost 2.5 points, approaching 99.9 in June as compared to May's figure of 102.4. People are more worried about global economic instability as households' expectations worsened for both personal financial state and broader economic situation. However, consumers feel better than in February, said Dominick Stephens, Westpac Chief Economist.