NZ: Consumer confidence was unchanged in January – ANZ

Sharon Zollner, chief economist at ANZ, suggests that the New Zealand’s consumer confidence was about as exciting as a pet rock in January, with the ANZ-Roy Morgan Consumer Confidence Index unchanged at 122, 7 points off its October low, but also 6 points off its March 2018 high.

Key Quotes

“The overall index sits a smidgen above the historical average.”

“The Current Conditions Index was unchanged at 124, while the Future Conditions Index eased 1 point to 120.”