D&B Finance Survey Reveals New Zealand Families Worried About Financial State

A recent finance survey conducted by Dun & Bradstreet (D&B) indicates that New Zealand families have grown more concerned about their financial situation.

D&B's consumer credit expectations survey, which polls consumers on what they expect to encounter between July and September, revealed that around one-third of the nation's families plan to use some form of credit to cover their expenses in the coming quarter, according to BusinessDesk.

The poll revealed that 56 percent of couples with children who responded to the survey were worried about their current financial state, which was 13 percent more than the number of couples without children who specified the same concerns.

Roughly two-thirds, or 66 percent of respondents indicated that they are less likely to spend their money on items they don't perceive as necessities such as entertainment or beauty treatments.

"Consumers are certainly feeling the pinch, with sentiment adversely impacted by economic and political uncertainties in the troubled euro zone, along with softer domestic conditions," D&B New Zealand manager John Scott said in a statement, the media outlet reports. "We see this reflected in a significant proportion of families expressing concern over the present financial state."