Browsing: consumer confidence

Kiwi consumers continue to tighten purse strings according to latest Nielsen survey

Last year, New Zealanders’ confidence in the economy took quite the fall, plummeting nine points, from 99 in Q4 2010 to 90 in Q4 2011. And results for the second quarter of this year don’t make for better news, with confidence remaining at the global average of 91, down six index points from the same time last year, according to the latest round of Nielsen’s Global Survey of Consumer Confidence and Spending Intentions.