Original article by Roy Morgan
Market Research Update – Page: Online : 1-Jul-25

ANZ-Roy Morgan New Zealand Consumer Confidence rose 5.9 points to 98.8 in June. The future conditions index, made up of forward-looking questions, rose 8 points to 104.8, recovering last month’s fall; the current conditions index rose 3 points to 89.8. Net perceptions of current personal financial situations rose 3 points to -13%; only 26% (up 2% points) of respondents said they are ‘better off financially’ compared to a year ago, while 39% (down 1% point) say they are ‘worse off financially’. Meanwhile, a net 20% of New Zealanders expect to be better off this time next year (up 8 points on a month ago), and a net 23% (down 2% points) expect to be worse off. A net 7% (down 3% points) of New Zealanders now think it is a ‘bad time to buy’ a major household item, whil two-year-ahead CPI inflation expectations lifted from 4.6% to 4.9%.

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ROY MORGAN LIMITED

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

ANZ-Roy Morgan New Zealand Consumer Confidence rose marginally to 96.6 in February. The future conditions index, made up of forward-looking questions, eased 1 point to 103.2; the current conditions index rose 3 points to 86.7. Net perceptions of current personal financial situations rose 5 points to a net rating of -12% in February; only 26% of respondents said they are ‘better off financially’ compared to a year ago (up 3% points), while 38% (down 1% point) say they are ‘worse off financially’. Meanwhile, a net 21% of respondents expect to be ‘better off’ this time next year (down 2% points from a month ago), and a net 15% of respondents think it is a ‘bad time’ to buy a major household item. Two-year-ahead CPI inflation expectations rose 0.1% pts to 4.0%.

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ROY MORGAN LIMITED

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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ROY MORGAN LIMITED

Original article by Roy Morgan
Market Research Update – Page: Online : 1-Oct-24

ANZ-Roy Morgan New Zealand Consumer Confidence rose 2.9 points in September to 95.1, its third straight month of improvement. At 95.1 it is still well below par, but Consumer Confidence is at its highest level since January 2022. The future conditions index rose another 5 points from 100.5 to 105.6; the current conditions index was flat and is much more subdued at 79.6. Net perceptions of current personal financial situations rose 2 points to -16% in September; 26% (up 3% points) of New Zealanders say they are ‘better off’ financially than this time last year, while 41% (unchanged) say they are ‘worse off’. Meanwhile, a net 25% of New Zealanders expect to be better off this time next year, up 8 points from a month ago. A net 25% of New Zealanders think it is a bad time to buy a major household item. Two-year-ahead CPI inflation expectations were unchanged at 3.8%.

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ROY MORGAN LIMITED

Original article by Roy Morgan
Market Research Update – Page: Online : 3-Sep-24

ANZ-Roy Morgan New Zealand Consumer Confidence rose 4.3 points in August to 92.2. Consumer Confidence is still well below its 10-year average (109), but also well off its lows. The future conditions index rose 5 points to 100.5 in August; the current conditions index lifted 2 points but remains much more subdued at 79.7. Net perceptions of current personal financial situations were unchanged at -18% in August; 23% (unchanged) of New Zealanders say they are ‘better off’ financially than this time last year, while 41% (also unchanged) say they are ‘worse off’. Meanwhile, a net 17% of New Zealanders expect to be better off this time next year, down 3 points from a month ago. A net 23% of New Zealanders think it is a bad time to buy a major household item (down 7% from a month ago). Two-year-ahead CPI inflation expectations were little changed at 3.8%.

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ROY MORGAN LIMITED

Original article by Roy Morgan
Market Research Update – Page: Online : 28-May-24

ANZ-Roy Morgan New Zealand Consumer Confidence lifted 2.8 points in May; however, it remains at a very weak level, with the historical average sitting above 110. The future conditions index rose 5 points to 90, while the current conditions index was unchanged at 78. Net perceptions of current personal financial situations rose 2 points to -15%; 25% (up 3% points) of New Zealanders say they are ‘better off’ financially than this time last year, while 40% (up 1% point) say they are ‘worse off’. Meanwhile, a net 29% of respondents think it is a bad time to buy a major household item, up 1 point from a month ago. Two-year-ahead CPI inflation expectations fell from 4.4% to 3.8%, close to the post-2010 average of 3.7% and closing in on the pre-Covid average of 3.5%.

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ROY MORGAN LIMITED

Original article by Roy Morgan
Market Research Update – Page: Online : 30-Oct-23

ANZ-Roy Morgan New Zealand Consumer Confidence rose 1.7 points in October to 88.1. Consumers’ net perceptions of their current personal financial situation fell 2 points to -25%. A net 22% (down 2% points) of New Zealanders now say they are ‘better off’ financially than this time last year, while 47% (up 1% point) say they are ‘worse off’ financially. Meanwhile, a net 16% of consumers now expect to be ‘better off financially’ this time next year, up 1 point. A net 38% (up 6% points) of New Zealanders say now is a ‘bad time to buy a major household item’, but net perceptions regarding New Zealand’s economic outlook in 12 months’ time rose 14 points to -18%. The two-year-ahead CPI inflation expectations lifted from 4.2% to 4.5%, undoing most of the previous month’s fall.

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

Original article by Roy Morgan
Market Research Update – Page: Online : 3-May-23

ANZ-Roy Morgan New Zealand Consumer Confidence rose 1.6pts to 79.3 in April, although it remains at an extremely low level. Consumers’ net perceptions of their current personal financial situation rose 1 point to -25%. A net 6% of consumers now expect to be ‘better off financially’ this time next year, up 5 points on March. A net -31% of consumers think it is a ‘bad time to buy a major household item’, up 1 point on March. Meanwhile, net perceptions regarding the economic outlook in 12 months’ time fell 4 points to -50%. The 5-year-ahead measure fell from -10% to -2%. One-year-ahead CPI inflation expectations fell back from 5.4% to 5.2%, with no trend evident.

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

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

Original article by Roy Morgan
Market Research Update – Page: Online : 4-Oct-21

ANZ-Roy Morgan New Zealand Consumer Confidence fell 5.1pts to 104.5 in September. Consumers’ perceptions of their current financial situation fell 5 points to +7%, while a net 24% of consumers expect to be better off this time next year, up 2 points. In addition, the proportion of people who believe it is a good time to buy a major household item fell 20 points to -7. Perceptions regarding the next year’s economic outlook fell 8 points to -13%, while the five-year outlook rose 5 points to +12%. CPI inflation expectations were steady at 5.1%.

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