NZ Regional Economic Confidence, June quarter 2017 - Westpac

Ross J Burland FXStreet

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.

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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