New Zealand ANZ Consumer Confidence Index (March): 106.3 (prior 122.1)
Big shunt lower, which is hardly surprising.
ANZ comment on worse to come:
- "Given the country only went into level 2 alert at the end of the interviewing period, this is just the start, presumably"
Out at the same time is a similar measure from South Korea, where Consumer Confidence in March dropped to 78.4 (vs. prior 96.9)