The Westpac-McDermott Miller consumer confidence index in New Zealand declined to 103.8 in the first quarter of 2019 from 109.1 in the previous period. All main subindexes deteriorated: Expected Conditions index (-6.2 points to 101.3), Expected financial situation index (-7.0 points to -6.5). Also, the 1-year economic outlook decreased 9.1 points to -5.1; the 5-year economic outlook fell 2.7 points to 15.4 and the Good Time to Buy index dipped 3.9 points to 23.4. Consumer Confidence in New Zealand averaged 111.22 Index Points from 1988 until 2019, reaching an all time high of 130.90 Index Points in the second quarter of 1994 and a record low of 79.10 Index Points in the first quarter of 1991.

Consumer Confidence in New Zealand is expected to be 111.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in New Zealand to stand at 109.00 in 12 months time. In the long-term, the New Zealand Consumer Confidence is projected to trend around 107.00 Index Points in 2020, according to our econometric models.

New Zealand Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-19 10:00 PM Westpac Consumer Confidence 108.6 111.2 111.5
2018-09-18 10:00 PM Westpac Consumer Confidence 103.5 108.6 107
2018-12-18 09:00 PM Westpac Consumer Confidence 109.1 103.5 104
2019-03-18 09:00 PM Westpac Consumer Confidence 103.8 109.1 111
2019-06-19 10:00 PM Westpac Consumer Confidence 103.8 101
2019-09-18 10:00 PM Westpac Consumer Confidence 105
2019-12-18 10:00 PM Westpac Consumer Confidence 109


New Zealand Consumer Last Previous Highest Lowest Unit
Consumer Confidence 103.80 109.10 130.90 79.10 Index Points [+]
Retail Sales MoM 1.70 0.30 2.80 -2.80 percent [+]
Retail Sales YoY 3.50 2.70 9.30 -8.00 percent [+]
Consumer Spending 38997.00 38500.00 38997.00 15210.00 NZD Million [+]
Private Sector Credit 455923.00 453632.00 455923.00 10449.00 NZD Million [+]
Bank Lending Rate 9.46 9.42 16.02 7.50 percent [+]
Households Debt To GDP 93.30 92.60 93.30 27.90 percent of GDP [+]
Households Debt To Income 163.70 163.70 163.70 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
103.80 109.10 130.90 79.10 1988 - 2019 Index Points Quarterly




Country Last Previous
Argentina 34.80 Mar/19
Australia 100.70 Apr/19
Brazil 114.30 Dec/18
Canada 50.76 Apr/19
China 126.00 Feb/19
Euro Area -7.90 Apr/19
France 96.00 Mar/19
Germany 10.40 Apr/19
India 105.00 Jun/19
Indonesia 124.50 Mar/19
Italy 110.50 Apr/19
Japan 40.50 Mar/19
Mexico 116.30 Mar/19
Netherlands -3.00 Apr/19
Russia -16.00 Mar/19
Saudi Arabia 109.00 Dec/18
South Africa 2.00 Mar/19
South Korea 99.80 Mar/19
Spain 93.90 Mar/19
Switzerland -4.00 Mar/19
Turkey 63.50 Apr/19
United Kingdom -13.00 Mar/19
United States 96.90 Apr/19


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