Original article by Roy Morgan
Market Research Update – Page: Online : 6-Feb-23

ANZ-Roy Morgan New Zealand Consumer Confidence fell 3.6pts to 79.8 in February, to a level that is by any definition very subdued. Consumers’ net perceptions of their current personal financial situation fell 10 points to -30%, the lowest level since 2008. A net 7% of consumers expect to be better off this time next year, unchanged on a month ago. A net 35% think it is a bad time to buy a major household item, down 7 points. Meanwhile, net perceptions regarding the economic outlook in 12 months’ time fell 1 point to -41%. The 5-year-ahead measure eased from -1% to -3% on a net basis.

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