ANZ-Roy Morgan New Zealand Consumer Confidence down 4.2pts to 96.0 in January

Original article by Roy Morgan
Market Research Update – Page: Online : 4-Feb-25

ANZ-Roy Morgan New Zealand Consumer Confidence fell 4.2pts to 96.0 in January. The future conditions index eased 1 point to 104.2, and the current conditions index fell by 9 points to 83.8. Net perceptions of current personal financial situations fell 3 points to -17% in January; only 23% of respondents said they are ‘better off financially’ compared to a year ago (down 3% points from December), while 39% (down 1% point) say they are ‘worse off financially’. Meanwhile, a net 23% of respondents expect to be ‘better off’ this time next year (up 2% points), while a net 16% of respondents think it is a ‘bad time’ to buy a major household item (down 15% points from a month ago). Two-year-ahead CPI inflation expectations were steady at 3.9%.

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