New Zealand: Consumer confidence rises in September
Latest reading: Consumer confidence increased to 94.6 in September, following August’s 92.0. As a result, the index remained below the 100-threshold, indicating pessimism among consumers.
In September, consumers grew more positive about the economic outlook 5 years ahead (+6.1 vs +3.1 in August), their willingness to make large purchases (-11.4 vs -12.1 in August) and their personal financial situation over the next 12 months (+14.0 vs +13.4 in August). However, consumers grew less optimistic about the general economic situation in the next 12 months (-23.1 vs -20.2 in August).