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New Zealand Consumer Confidence Dips In May

An index measuring consumer confidence in New Zealand was down 4.4 percent on month in May, the latest survey from ANZ Bank revealed on Friday - coming in with a score of 127.6.

Now at a six-month low, the May reading follows the 1.1 percent increase in April to 133.5.

A score above 100 suggests that optimists outnumber pessimists.

Among the individual components of the survey, the index for near-term economic outlook was down - as was longer-term outlook and personal financial positions.

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