NZ Consumer Confidence Drops in October

2025-10-31 13:11 By Felipe Alarcon 1 min. read

The ANZ-Roy Morgan Consumer Confidence Index CCI fell to 92.4 in October 2025, down from September’s 94.6.

The current conditions index eased to 85.5, while future conditions declined to 97.0 from 99.0 in September.

Household perceptions of personal finances slipped two points to minus 15 percent, while a net nine percent of respondents expect to be better off this time next year, down five points from the prior month.

Views on the broader economy were mixed with the five year outlook falling two points to plus four percent and the 12 month outlook improving one point to minus 22 percent.

House price expectations rose from 2.5 percent to 3.1 percent.

Two year ahead CPI inflation expectations lifted from 4.8 percent to 5.1 percent.

The latest CCI also showed a small decline in the share reporting they feel worse off than a year ago while easier monetary policy is beginning to support the growth outlook.



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