The ANZ-Roy Morgan Consumer Confidence increased to 86.5 in May 2026 from 80.3 in April, which was the lowest level since May 2023. The index has risen 6 points over the previous month but is still down 21 points from its January peak. The share of households seeing it as a good time to buy a major household item, a key retail indicator, gained 5 points to -20. Two-year inflation expectations eased to 5.3% from 6.6%, while house price expectations dropped 0.7 percentage points to 2.6%. The future conditions index rose to 92.7 from 85.9, while the current conditions index climbed 5 points to 77.2. Assessments of current personal finances also improved (-25% vs -31%), due to easing petrol prices. Looking ahead, a net 12% of respondents expected to be better off this time next year, up 9 points from the previous month. Economic expectations for the year ahead also improved, rising 12 points to -36%, while the five-year outlook fell 1 point to +2%. source: ANZ Bank New Zealand

ANZ Roy Morgan Consumer Confidence Index in New Zealand increased to 86.50 points in May from 80.30 points in April of 2026. ANZ Roy Morgan Consumer Confidence Index in New Zealand averaged 110.13 points from 2009 until 2026, reaching an all time high of 135.80 points in January of 2014 and a record low of 73.80 points in December of 2022. This page includes a chart with historical data for New Zealand ANZ Roy Morgan Consumer Confidence Index. New Zealand ANZ-Roy Morgan Consumer Confidence Index - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

ANZ Roy Morgan Consumer Confidence Index in New Zealand increased to 86.50 points in May from 80.30 points in April of 2026. ANZ Roy Morgan Consumer Confidence Index in New Zealand is expected to be 80.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand ANZ-Roy Morgan Consumer Confidence Index is projected to trend around 86.00 points in 2027 and 91.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-30 10:00 PM
ANZ Roy Morgan Consumer Confidence
Apr 80.3 91.3 87
2026-05-28 10:00 PM
ANZ Roy Morgan Consumer Confidence
May 86.5 80.3 81.5
2026-07-02 10:00 PM
ANZ Roy Morgan Consumer Confidence
Jun 86.5 80


Related Last Previous Unit Reference
ANZ Roy Morgan Consumer Confidence 86.50 80.30 points May 2026
Bank Lending Rate 9.77 9.71 percent Apr 2026
Westpac Consumer Confidence 94.70 96.50 points Mar 2026
Consumer Spending 45505.00 45571.00 NZD Million Dec 2025
Electronic Retail Card Spending YoY 6979.00 7068.00 NZD Million Apr 2026
Gasoline Prices 1.90 2.11 USD/Liter May 2026
Households Debt to GDP 90.60 90.50 percent of GDP Sep 2025
Households Debt to Income 167.00 166.00 percent Dec 2025
Private Sector Credit 612621.00 614759.00 NZD Million Apr 2026
Retail Sales 0.90 0.90 percent Mar 2026
Retail Sales YoY 4.50 4.40 percent Mar 2026


New Zealand ANZ-Roy Morgan Consumer Confidence Index
In New Zealand, ANZ Roy Morgan Consumer Confidence is a monthly measure of consumer confidence across New Zealand households and how this affects their spending behavior.
Actual Previous Highest Lowest Dates Unit Frequency
86.50 80.30 135.80 73.80 2009 - 2026 points Monthly
NSA

News Stream
New Zealand Consumer Mood Rises from Near 3-Year Low
The ANZ-Roy Morgan Consumer Confidence increased to 86.5 in May 2026 from 80.3 in April, which was the lowest level since May 2023. The index has risen 6 points over the previous month but is still down 21 points from its January peak. The share of households seeing it as a good time to buy a major household item, a key retail indicator, gained 5 points to -20. Two-year inflation expectations eased to 5.3% from 6.6%, while house price expectations dropped 0.7 percentage points to 2.6%. The future conditions index rose to 92.7 from 85.9, while the current conditions index climbed 5 points to 77.2. Assessments of current personal finances also improved (-25% vs -31%), due to easing petrol prices. Looking ahead, a net 12% of respondents expected to be better off this time next year, up 9 points from the previous month. Economic expectations for the year ahead also improved, rising 12 points to -36%, while the five-year outlook fell 1 point to +2%.
2026-05-28
NZ Consumer Confidence Falls to Near 3-Year Low
The ANZ-Roy Morgan Consumer Confidence dropped to 80.3 in April 2026 from 91.3 in March, marking the lowest level since May 2023. The index has fallen 20 points over the past two months since the start of the Middle East war that drove energy prices sharply higher. The share of households seeing it as a good time to buy a major household item, a key retail indicator, declined 11 points to -25, the lowest since September 2024. The future conditions index dropped to a two-year low (85.9 vs 96.7) and the current conditions index fell to its lowest since October 2023 (71.9 vs 83.1). Assessments of current personal finances also deteriorated (-31% vs -20%), reaching the weakest since mid-2008. Only a net 3% of respondents see their financial situation to be better a year from now. Economic expectations for the year ahead fell another 23 points to -48%, the lowest in three years, while the 5-year-ahead outlook dropped 2 points to +3%. 2-year inflation expectations jumped to 6.6% from 5.7%.
2026-05-01
NZ Consumer Confidence Deteriorates Further
The ANZ-Roy Morgan Consumer Confidence decreased to 91.3 in March 2026 from 100.1 in February, reflecting a U-turn in response to the uncertainty brought about by the Middle East conflict. The share of households seeing it as a good time to purchase a major household item, a key retail indicator, fell 10 points to -14, solidly back in negative territory. The future conditions index fell to its October level (96.7 vs 106.9) and the current conditions index dropped to below its December level (83.1 vs 90.0). Assessments of current personal finances also declined (-20% vs -16%), indicating that the recent bump in the road is being felt through experience. A net 10% of respondents see their financial situation to be better a year from now. Expectations for the economy over the next year decreased 17 points to -25%, while the 5-year-ahead outlook fell 3 points to 5%. Lastly, house price inflation expectations lifted (3.8% vs 3.6%), while 2-year inflation expectations rose to 5.7% from 4.7%.
2026-03-26