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New Zealand consumer confidence weakened to 89.2 in Q1 2025, from 97.5 in Q4 2024

Started by forex4you, Mar 19, 2025, 01:00 am

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New Zealand consumer confidence weakened to 89.2 in Q1 2025, from 97.5 in Q4 2024

Westpac-McDermott Miller New Zealand consumer confidence index fell to 89.2 in Q1 2025

  • from 97.5 in Q4 last year
  • global trade war risks and ongoing cost of living pressures cited as impacting
  • Westpac said poor results are likely for "a few more months at least"

For this index, a reading below 100
indicates more pessimists than optimists.

***

NZD is little changed on the data.


                            This article was written by Eamonn Sheridan at www.forexlive.com.

Source: New Zealand consumer confidence weakened to 89.2 in Q1 2025, from 97.5 in Q4 2024

forexlive.com
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