The ANZ-Roy Morgan Consumer Confidence Index fell 2 points to 96.2 in October 2026, remaining below the neutral 100 mark for an eighth consecutive month. Although confidence remains subdued, it is 16 points above its April low. New Zealand consumers remain pessimistic as fuel prices stay elevated and inflation outpaces income growth. A weak currency is adding to the pressure, although export-oriented sectors are benefiting. The net share of households viewing it as a good time to buy a major household item, a key retail indicator, dropped 10 points to -17% as cost-of-living pressures weighed on spending plans. However, some indicators improved. Expectations for personal finances over the next year remained firmly positive, rising for a fourth consecutive month. House price inflation expectations eased to 2% from 2.4%, their lowest level since July 2023, while inflation expectations fell to 4.2% from 4.5%, the lowest since March 2025. source: ANZ Bank New Zealand

ANZ Roy Morgan Consumer Confidence Index in New Zealand decreased to 96.20 points in October from 97.60 points in September of 2026. ANZ Roy Morgan Consumer Confidence Index in New Zealand averaged 109.80 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 - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.

ANZ Roy Morgan Consumer Confidence Index in New Zealand decreased to 96.20 points in October from 97.60 points in September of 2026. ANZ Roy Morgan Consumer Confidence Index in New Zealand is expected to be 95.00 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 is projected to trend around 86.00 points in 2027 and 101.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-10-01 11:15 PM
ANZ Roy Morgan Consumer Confidence
Sep 97.6 98.0 98
2026-10-29 09:00 PM
ANZ Roy Morgan Consumer Confidence
Oct 96.2 97.6 97.4
2026-11-26 09:00 PM
ANZ Roy Morgan Consumer Confidence
Nov


Related Last Previous Unit Reference
ANZ Roy Morgan Consumer Confidence 96.20 97.60 points Oct 2026
Bank Lending Rate 10.12 10.06 percent Sep 2026
Westpac Consumer Confidence 89.50 80.40 points Sep 2026
Consumer Spending 45912.00 45894.00 NZD Million Jun 2026
Electronic Retail Card Spending YoY 6976.00 7006.00 NZD Million Sep 2026
Gasoline Prices 1.88 1.76 USD/Liter Sep 2026
Households Debt to GDP 91.00 91.00 percent of GDP Mar 2026
Households Debt to Income 165.00 165.00 percent Jun 2026
Private Sector Credit 624663.00 621266.00 NZD Million Aug 2026
Retail Sales -0.50 1.00 percent Jun 2026
Retail Sales YoY 3.30 4.50 percent Jun 2026


New Zealand ANZ-Roy Morgan Consumer Confidence
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
96.20 97.60 135.80 73.80 2009 - 2026 points Monthly
NSA

News Stream
New Zealand Consumer Confidence Falls in October
The ANZ-Roy Morgan Consumer Confidence Index fell 2 points to 96.2 in October 2026, remaining below the neutral 100 mark for an eighth consecutive month. Although confidence remains subdued, it is 16 points above its April low. New Zealand consumers remain pessimistic as fuel prices stay elevated and inflation outpaces income growth. A weak currency is adding to the pressure, although export-oriented sectors are benefiting. The net share of households viewing it as a good time to buy a major household item, a key retail indicator, dropped 10 points to -17% as cost-of-living pressures weighed on spending plans. However, some indicators improved. Expectations for personal finances over the next year remained firmly positive, rising for a fourth consecutive month. House price inflation expectations eased to 2% from 2.4%, their lowest level since July 2023, while inflation expectations fell to 4.2% from 4.5%, the lowest since March 2025.
2026-10-29
New Zealand Consumer Mood Weakens Slightly
The ANZ-Roy Morgan Consumer Confidence Index edged down to 97.6 in September 2026, remaining below the neutral 100 mark but 17 points above its April low. The share of households seeing it as a good time to buy a major household item, a key retail indicator, rose 5 points to -7, suggesting that retail remains challenging. Two-year inflation expectations inched down 0.2 percentage points to 4.5%, while house price expectations eased slightly to 2.4% from 2.5%. The future conditions index dropped to 104.5 from 107.7, remaining above the neutral 100 mark for the third straight month, while the current conditions index increased to 87.3 from 83.4. Assessments of current personal finances also improved (-19% vs -21%). Economic expectations for the year ahead weakened from -12% to -16%, while the five-year outlook declined 3 points to +10%. Meanwhile, a net 7% of respondents expected to be better off this time next year, a 5-percentage-point improvement.
2026-10-01
New Zealand Consumer Morale Weakens in August
The ANZ-Roy Morgan Consumer Confidence Index eased to 98.0 in August 2026, remaining below the neutral 100 mark but 18 points higher than its April low. The share of households seeing it as a good time to buy a major household item, a key retail indicator, fell 5 points to -12, suggesting that retail remains a tough gig. Two-year inflation expectations were little changed at 4.7%, while house price expectations edged down to 2.5% from 2.6%. The future conditions index rose marginally to 107.7 from 106.5, moving above the neutral 100 mark for the second straight month, while the current conditions index declined to 83.4 from 88.5. Assessments of current personal finances also dropped (-21% vs -16%). Economic expectations for the year ahead improved slightly, from -13% to -12%, while the five-year outlook rose 1 point to +13%. However, a net 22% of respondents expected to be better off this time next year, the strongest figure since January.
2026-09-02