empty
 
 

2020.03.2707:04:00UTC+00New Zealand Consumer Confidence Falls In March

New Zealand consumer confidence weakened in March, survey data from ANZ showed on Friday.

The ANZ-Roy Morgan consumer confidence index fell to 106.3 in March from 122.1 in February.

The current conditions index dropped to 114.2 and the future conditions index decreased to 101.0.

Consumers' perceptions of their current financial situation declined 2 points to a net 12 percent. A net 17 percent of consumers expect to be better off financially this time next year, but was down 15 points from February.

The balance of consumers who thought it as a good time to make major purchases fell 25 points to 16 percent.

Perceptions regarding the next year's economic outlook plunged, with the balance falling sharply by 42 point to a net 39 percent. Meanwhile, the five-year outlook rose 5 points to +25 percent.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback