Consumer Confidence in New Zealand decreased to 80.20 points in the third quarter of 2023 from 83.10 points in the second quarter of 2023. Consumer Confidence in New Zealand averaged 109.15 points from 1988 until 2023, reaching an all time high of 130.90 points in the second quarter of 1994 and a record low of 75.60 points in the fourth quarter of 2022. In New Zealand, the Westpac McDermott Miller Consumer Confidence Index measures the level of optimism that consumers have about the performance of the economy. The Consumer Confidence Index is calculated from percentage response to five internationally standardized questions covering consumers’ personal financial circumstances, national economic expectations and attitudes to major purchases. It is 100 plus the average of the difference between positive answers and negative responses. A score above 100 shows more optimism than pessimism while a score below 100 denotes more pessimism. This page provides the latest reported value for – New Zealand Consumer Confidence – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Read Full Story
- New Zealand Corruption Index - January 30, 2024
- New Zealand Corruption Rank - January 30, 2024
- 2023 Box Office Recap: Top 10 highest-grossing films of 2023 at the New Zealand box office - January 24, 2024