New Zealand skyline

New Zealand Consumer Confidence September 2022

New Zealand: Consumer confidence stable in September

The ANZ-Roy Morgan consumer confidence indicator remained unchanged at August’s 85.4 in September. Therefore, the index remained entrenched below the 100-threshold that separates optimism from pessimism among consumers.

In September, households’ expectations of their financial situation in one year view improved, and consumers had stronger confidence with regards to the 12-month general economic outlook. However, their willingness to buy big-ticket items declined.

Commenting on the release, Sharon Zollner, chief economist at ANZ, stated:

“Living costs are rising, house prices are falling, and mortgage rates are going up. However, the big win for households is the still super-tight labour market, which is contributing to strong job security and solid wage growth.”

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest