Original article by Roy Morgan
Market Research Update – Page: Online : 1-Mar-21
ANZ-Roy Morgan New Zealand Consumer Confidence fell 0.7pts to 113.1 in February, consolidating a bit short of its historical average of 120. Consumers’ perceptions of their current financial situation fell 6 points to -2%, while a net 27% of consumers expect to be better off financially this time next year, down 1 point. Meanwhile, a net 20% of consumers think it is a good time to buy a major household item, down 1 point. Perceptions regarding the next year’s economic outlook lifted 3 points to 2%; the five-year outlook also lifted 3 points to +20%. CPI inflation expectations lifted 0.1%pts to 4.6%.
ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ