NZ Consumer Confidence

NZ consumer confidence rose slightly in May to 86.5, likely due to a minor dip in petrol prices, though the index remains near historical lows. Inflation expectations saw a notable decline to 5.3%, down from the record 6.6% recorded in April.

Key Takeaways

• 1.NZ Consumer Confidence lifted 6 points to 86.5 in May, a small recovery from the April low of 80.3.
• 2.Two-year-ahead inflation expectations fell sharply from 6.6% to 5.3%.
• 3.Wellington sentiment is significantly lower than the rest of New Zealand.

Table of Contents

• Small lift off lows
• Turning to the detail
• The view
• Tables and charts
• Meet the team
• Important Notice

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial