ANZ Roy Morgan Consumer Confidence Index in New Zealand increased to 94.5 points in February 2024 from 93.6 in the previous month. While this marks the highest reading since January 2022, the index still indicates a subdued level, reflective of consumers' enduring caution in major household purchases due to cost-of-living pressures and higher interest rates. The Future Conditions Index rose by 2 points to 101, and the Current Conditions Index was unchanged at 85. Additionally, two-year-ahead CPI inflation expectations increased from 4.3% to 4.5%, likely influenced by a notable rise in petrol prices. source: Australia and New Zealand Banking Group

ANZ Roy Morgan Consumer Confidence Index in New Zealand increased to 94.50 points in February from 93.60 points in January of 2024. ANZ Roy Morgan Consumer Confidence Index in New Zealand averaged 112.66 points from 2009 until 2024, reaching an all time high of 135.80 points in January of 2014 and a record low of 73.80 points in December of 2022. This page includes a chart with historical data for New Zealand ANZ Roy Morgan Consumer Confidence Index. New Zealand ANZ-Roy Morgan Consumer Confidence Index - data, historical chart, forecasts and calendar of releases - was last updated on March of 2024.

ANZ Roy Morgan Consumer Confidence Index in New Zealand increased to 94.50 points in February from 93.60 points in January of 2024. ANZ Roy Morgan Consumer Confidence Index in New Zealand is expected to be 97.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand ANZ-Roy Morgan Consumer Confidence Index is projected to trend around 101.00 points in 2025 and 104.00 points in 2026, according to our econometric models.

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New Zealand ANZ-Roy Morgan Consumer Confidence Index


Calendar GMT Reference Actual Previous Consensus TEForecast
2024-02-01 09:00 PM
ANZ Roy Morgan Consumer Confidence
Jan 93.6 93.1 94
2024-02-29 09:00 PM
ANZ Roy Morgan Consumer Confidence
Feb 94.5 93.6 96
2024-03-27 09:00 PM
ANZ Roy Morgan Consumer Confidence
Mar 94.5 97


Related Last Previous Unit Reference
Retail Sales MoM -1.90 -0.80 percent Dec 2023
Consumer Confidence 88.90 80.20 points Dec 2023
Retail Sales YoY -4.10 -3.40 percent Dec 2023
Consumer Spending 44540.00 44825.00 NZD Million Sep 2023
Private Sector Credit 561686.00 561618.00 NZD Million Dec 2023
Bank Lending Rate 12.58 12.65 percent Jan 2024
ANZ Roy Morgan Consumer Confidence Index 94.50 93.60 points Feb 2024
Gasoline Prices 1.80 1.68 USD/Liter Feb 2024
Credit Card Spending 6618.00 8101.00 NZD Million Jan 2024
Households Debt to Income 165.00 167.00 percent Jun 2023
Households Debt to GDP 91.90 93.10 percent of GDP Jun 2023
Consumer Credit 248163.00 246877.00 NZD Million Jan 2017

New Zealand ANZ-Roy Morgan Consumer Confidence Index
In New Zealand, ANZ Roy Morgan Consumer Confidence is a monthly measure of consumer confidence across New Zealand households and how this affects their spending behavior.
Actual Previous Highest Lowest Dates Unit Frequency
94.50 93.60 135.80 73.80 2009 - 2024 points Monthly
NSA

News Stream
New Zealand Consumer Morale at Over 2-Year High
ANZ Roy Morgan Consumer Confidence Index in New Zealand increased to 94.5 points in February 2024 from 93.6 in the previous month. While this marks the highest reading since January 2022, the index still indicates a subdued level, reflective of consumers' enduring caution in major household purchases due to cost-of-living pressures and higher interest rates. The Future Conditions Index rose by 2 points to 101, and the Current Conditions Index was unchanged at 85. Additionally, two-year-ahead CPI inflation expectations increased from 4.3% to 4.5%, likely influenced by a notable rise in petrol prices.
2024-02-29
New Zealand Consumer Morale at 2-Year High
ANZ Roy Morgan Consumer Confidence Index in New Zealand increased to 93.6 points in January 2024 from 93.1 in the previous month. While this marks the highest reading since January 2022, the index still indicates a subdued level, reflective of consumers' enduring caution in major household purchases due to cost-of-living pressures and higher interest rates. The Future Conditions Index rose by 3 points to 99, and the Current Conditions Index improved by 5 points to 85. Additionally, two-year-ahead CPI inflation expectations increased from 3.9% to 4.3%, likely influenced by a notable rise in petrol prices.
2024-02-01
New Zealand Consumer Morale at Near 2-Year High
ANZ Roy Morgan Consumer Confidence Index in New Zealand increased to 93.1 points in December 2023 from 91.9 in the previous month. Although it marked the highest reading since January 2022, the index still indicates a subdued level, reflecting consumers' ongoing extreme wariness about purchasing major household items due to cost-of-living pressure and higher interest rates. The future conditions index rose by 1 point to 102, and the current conditions index improved by 2 points to 80. Additionally, two-year-ahead CPI inflation expectations fell from 4.6% to 3.9%, the lowest reading in three years, likely influenced by a sharp decline in petrol prices.
2023-12-19