ANZ-Roy Morgan Consumer Confidence

ANZ Roy Morgan Consumer Confidence is a monthly measure of consumer confidence across New Zealand households and how this affects their spending behaviour.

 

 

2021 editions

September 2021: Doubts creeping in (PDF 396KB)
Consumer confidence eased 5 points to 104.5 in September, led by a decline in the “current conditions” index.

August 2021: Here we go again (PDF 396kB)
Consumer confidence eased 3 points to 110 in August. The proportion of people who believe it is a good time to buy a major household item fell 11 points to +13. Inflation expectations lifted again to 5.1%. House price inflation expectations were little changed at 6.3%. The four-week sampling period closed on 22 August, and it’s unlikely more than 15% of the sample was post-lockdown.

July 2021: It’s risky to bet against the house (PDF 394KB)
Consumer confidence eased 1 point to 113 in July. The proportion of people who believe it is a good time to buy a major household item, a key retail indicator, rose 2 points to +24. Inflation expectations remain extremely high at 4.9%, while house price inflation expectations lifted from 5.8% to 6.4%.

June 2021: Great inflation expectations (PDF 400KB)
Consumer confidence was unchanged at 114 in June. The proportion of people who believe it is a good time to buy a major household item, a key retail indicator, rose 3 points to +22. Inflation expectations cracked an unheard-of 5%, while house price inflation expectations were little changed at 5.8%.

May 2021: Holding the course (PDF 400KB)
Consumer confidence eased 1 point to 114 in May. The proportion of people who believe it is a good time to buy a major household item, a key retail indicator, lifted 1 point to +19. Inflation expectations remained in their recent high range at 4.4%, while house price inflation expectations were little changed at 5.9%.

April 2021Back on the up (PDF 400KB)
Consumer confidence lifted 4 points to 115 in April. The proportion of people who believe it is a good time to buy a major household item, a key retail indicator, lifted 4 points to +18. Inflation expectations bounced back to close to recent highs, while house price inflation expectations were unchanged.

March 2021: Little dipper (PDF 396KB)
Consumer confidence fell 2 points to 111 in March. The proportion of people who believe it is a good time to buy a major household item, a key retail indicator, fell 6 points. Inflation expectations eased slightly, as did house price inflation expectations.

February 2021: Hanging in there (PDF 324KB)
Consumer confidence fell 1 point to 113 in February, consolidating a bit short of its historical average of 120.

January 2021: Inching higher (PDF 292KB)
Consumer confidence lifted 2 points to 114 in January, led by optimism about the future. Consumer confidence is now not far off its historical average of around 120.