New Zealand Consumer Confidence January 2019

New Zealand

New Zealand: Consumer confidence roughly unchanged in January

February 1, 2019

The ANZ-Roy Morgan consumer confidence indicator inched down to 121.7 in January, from December’s 121.9. The index, however, remains well above the 100-point threshold that separates optimism from pessimism among consumers and sits just above its historical average.

Consumers’ opinions on current conditions were unchanged in January from a month earlier. However, their expectations on future conditions decreased marginally, reflecting their slightly weaker one-year outlook on both their personal and the country’s financial situation.

FocusEconomics panelists expect private consumption to grow 2.6% in 2019, which is unchanged from last month’s forecast, and 2.3% in 2020.


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New Zealand Consumer Confidence Chart

NewZealand Monthly Consumer Confidence January 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.

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