New Zealand Consumer Confidence March 2019

New Zealand

New Zealand: Consumer confidence edges up in March

March 29, 2019

The ANZ-Roy Morgan consumer confidence indicator ticked up to 121.8 in March, from February’s 120.8. The index therefore moved further above the 100-point threshold that separates optimism from pessimism among consumers.

Consumers’ expectations on future conditions rose in March from a month earlier. This reflected a stronger one-year outlook on both their personal and the country’s financial situation, as well as an improved outlook on the country’s economic situation in the next five years. However, consumers were slightly less confident on current conditions.

New Zealand Private Consumption Forecast


FocusEconomics panelists expect private consumption to grow 2.9% in 2019, which is up 0.3 percentage points from last month’s forecast, and 2.4% in 2020.


Author:, Economist

Sample Report

Looking for forecasts related to Consumer Confidence in New Zealand? Download a sample report now.

Download

New Zealand Consumer Confidence Chart


New Zealand Monthly Consumer Confidence March 2019 0

Note: Monthly consumer confidence index. An index number over 100 indicates more optimists than pessimists, while a number under 100 indicates more pessimists than optimists.
Source: ANZ-Roy Morgan NZ Consumer Confidence Survey.


New Zealand Economic News

More news

Search form