NZ data
This is a 7 month low for the index, but sentiment remains above its long run average
ANZ's summary:
- Consumer confidence slipped further in November, but remains above its historical average
- The current conditions index rose slightly; future conditions fell
- Consumers appear to be looking through housing headwinds and the recent period of political uncertainty, seemingly happy to go with the flow, but with a cautious eye to the future.
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As part of ANZ's survey ... inflation expectations:
3.1%
- prior 3.5%
more to come
