New Zealand Consumer Confidence  1988-2017 | Data | Chart | Calendar

The Westpac-McDermott Miller consumer confidence index in New Zealand edged down to 112.4 in the third quarter of 2017 from 113.4 in the previous period. The modest decline in confidence was mainly explained by less optimism about the economic outlook over the next year, possibly explained by the housing market. The expected conditions index declined to 112.5 (vs 115.4 in Q2). Contrastingly, the present conditions index climbed to 112.3 (from 110.5). Similarly, the expected financial situation index dropped 3.7 points to 5.6, while the current financial situation index improved 3.8 points to 5.4. The 1-year economic outlook dipped to 13.4 (vs 18.2) and the 5-year economic outlook edged down to 18.6 (from 18.8). Consumer Confidence in New Zealand averaged 111.42 from 1988 until 2017, reaching an all time high of 130.90 in the second quarter of 1994 and a record low of 79.10 in the first quarter of 1991.

New Zealand Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2017-03-19 09:30 PM Westpac Consumer Confidence 111.9 113.1 115
2017-06-18 10:00 PM Westpac Consumer Confidence 113.4 111.9 112.5
2017-09-18 10:00 PM Westpac Consumer Confidence 112.4 113.4 113.7
2017-12-18 10:00 PM Westpac Consumer Confidence 112.4 114.40


New Zealand Consumer Last Previous Highest Lowest Unit
Consumer Confidence 112.40 113.40 130.90 79.10 [+]
Retail Sales MoM 2.00 1.60 2.80 -3.60 percent [+]
Retail Sales YoY 5.40 4.60 10.80 -7.90 percent [+]
Consumer Spending 36061.00 35681.00 36061.00 15210.00 NZD Million [+]
Private Sector Credit 420455.00 418850.00 420455.00 10449.00 NZD Million [+]
Bank Lending Rate 9.34 9.36 16.02 7.50 percent [+]
Consumer Credit 248163.00 246877.00 248163.00 21498.00 NZD Million [+]
Households Debt To Income 167.20 166.80 167.20 56.20 percent [+]


New Zealand Consumer Confidence

In New Zealand, the Westpac McDermott Miller Consumer Confidence Index measures the level of optimism that consumers have about the performance of the economy. The Consumer Confidence Index is calculated from percentage response to five internationally standardized questions covering consumers' personal financial circumstances, national economic expectations and attitudes to major purchases. It is 100 plus the average of the difference between positive answers and negative responses. A score above 100 shows more optimism than pessimism while a score below 100 denotes more pessimism. . This page provides the latest reported value for - New Zealand Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
112.40 113.40 130.90 79.10 1988 - 2017 Quarterly




consumer confidence by Country

Last
Australia 97.90 Sep/17
Brazil 101.60 Aug/17
Canada 54.33 Sep/17
China 114.70 Aug/17
Euro Area -1.20 Sep/17
France 103.00 Aug/17
Germany 10.90 Sep/17
India 128.00 Jun/17
Indonesia 121.90 Aug/17
Italy 110.80 Aug/17
Japan 43.30 Aug/17
Mexico 87.60 Aug/17
Netherlands 23.00 Sep/17
Russia -14.00 Jun/17
South Korea 109.90 Aug/17
Spain 108.80 Aug/17
Switzerland -3.00 Sep/17
Turkey 68.70 Sep/17
United Kingdom -10.00 Aug/17
United States 95.30 Sep/17