New Zealand: Consumer confidence roughly unchanged in January
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.