March 18, 2025 at 08:18PM
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.
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NZD is little changed on the data.
This article was written by Eamonn Sheridan at www.forexlive.com.
New Zealand consumer confidence weakened to 89.2 in Q1 2025 from 97.5 in Q4 2024