NZ Consumer Confidence Deteriorates Further

2026-03-26 21:32 By Felipe Alarcon 1 min. read

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%.



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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
NZ Consumer Confidence Drops From Highest in Over 4 Years
The ANZ-Roy Morgan Consumer Confidence decreased to 100.1 in February 2026 from 107.2 in January, unwinding January’s sharp rise to over 4-year highs. The share of households seeing it as a good time to purchase a major household item, a key retail indicator, fell 5 points to -4, falling back into negative territory. The future conditions index fell to its November level (106.9 vs 113.5) and the current conditions index dropped to just below its year-end level (90.0 vs 97.7). Assessments of current personal finances also declined (-16% vs -6%), indicating that the recent bump in the road is being felt through experience. A net 20% of respondents see their financial situation to be better a year from now. Expectations for the economy over the next year decreased 7 points to -8%, while the 5-year-ahead outlook fell 4 points to +8%. Lastly, house price inflation expectations eased (3.6% vs 3.7%), while 2-year inflation expectations were little changed (at 4.7%).
2026-02-26
NZ Consumer Confidence Hits Highest in Over 4 Years
The ANZ-Roy Morgan Consumer Confidence increased to 107.2 in January 2026 from 101.5 in December, marking its highest level since August 2021. The share of households seeing it as a good time to purchase a major household item, a key retail indicator, rose 2 points to +1, the first positive reading in nearly four years. The future conditions index rose to its strongest level since May 2021 (113.5 vs 108.9) and the current conditions index climbed to its highest since December 2021 (97.7 vs 90.4). Assessments of current personal finances also improved (-6% vs -18%), indicating that the confidence boost is based on the experience rather than hopes. A net 29% of respondents see their financial situation to be better a year from now. Expectations for the economy over the next year increased 5 points to -1%, while the 5-year-ahead outlook edged up 1 point to +12%. Lastly, house price inflation expectations eased (3.7% vs 4%), while 2-year inflation expectations were steady (at 4.6%).
2026-01-30