NZ Regional Economic Confidence, June quarter 2017 - Westpac
|Analysts at Westpac offered a summary of points in respect to their analyses of the confidence in the New Zealand economy.
Key Quotes:
- Regional economic confidence improved in most parts of New Zealand in the June quarter.
- However, confidence has continued to slide in the Auckland region, and remains well below its highs in Canterbury.
- Improved export prices across dairy, meat, horticulture and forestry will have boosted optimism in the rural regions.
- Consumer confidence (a measure of households’ views of their own economic conditions) also improved in most regions, with Auckland again an exception.
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