Mon, 19 Mar 2012 07:57:56 GMT
New Zealand's consumer sentiment stayed low in March
New Zealand's consumer confidence index increased to 102.4 in quarter ended in March, indicating a marginal increase of 1.1 point on a monthly basis. The consumer sentiment raised only slightly after sharp fall in December, according to Dominick Stephens, Westpac Chief Economist. The major contributors to the increase were recovering property market and more optimistic global news while weak job