WELLINGTON, May 19 (Reuters) - Consumer confidence in New Zealand eased slightly in May, a survey showed on Thursday.
The ANZ-Roy Morgan consumer confidence index was 116.2 compared with 120.0 in the previous month. A reading above 100 shows consumers are optimistic, while a reading below 100 indicates pessimism.
"While moving at a marginally slower tempo, New Zealand consumers are still in a good rhythm," ANZ Chief Economist Cameron Bagrie said.
He noted that the Confidence Composite - which combines both consumer and business confidence data from ANZ - suggests GDP growth of around 3 percent for 2016.
