ANZ-Roy Morgan New Zealand Consumer Confidence down by 2.3pts to 110.8 in March

Original article by Roy Morgan
Market Research Update – Page: Online : 6-Apr-21

ANZ-Roy Morgan New Zealand Consumer Confidence fell 2.3pts to 110.8 in March, stopping slightly short of its historical average of 120. Consumers’ perceptions of their current financial situation rose 5 points to +3%, while a net 30% of consumers expect to be better off financially this time next year, up 3 points. Meanwhile, a net 14% of consumers think it is a good time to buy a major household item, down 6 points. Perceptions regarding the next year’s economic outlook fell 9 points to -7%; the five-year outlook fell 5 points to +15%. CPI inflation expectations eased 0.6%pts to 4.0%, still quite a high read but a significant step towards more normal levels than have been seen in recent months.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

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