LOGO
LOGO

Asian Economic News

New Zealand Consumer Confidence Rises For Second Month

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

New Zealand's consumer confidence improved for the second straight month in June, survey figures from ANZ bank showed Tuesday.

The ANZ Roy Morgan Consumer Confidence Index rose to 127.8 in June from 123.9 in May. Moreover, the latest reading was the highest in five months.

An uplift in confidence points to more spending-based activity, ANZ said.

A reading above 100 indicates optimism, while below that shows pessimism.

Consumers' expectations about the general economic situations of the country for the next year strengthened in June. The corresponding index climbed to 23 from 15 in May.

The index measuring their own financial situation for the next twelve months improved marginally to 33.0 in June from 32.0 in the prior month.

Inflation expectations remained steady at 3.5 percent in June, while national house price expectations eased from 4.6 percent to 4.0 percent, the lowest since August 2014.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.