ANZ-Roy Morgan Consumer Confidence

ANZ-Roy Morgan Consumer Confidence is a monthly measure of consumer confidence across New Zealand households and how this affects their spending behaviour.

 

 

2025 editions

March 2025

ANZ-Roy Morgan Consumer Confidence fell 4 points to 93.2 in March. While it’s still trending higher, it’s fair to say it’s making hard work of it.  The proportion of households thinking it’s a good time to buy a major household item, the best retail indicator, eased 1 point to -16. Inflation expectations rose 0.2%pts to 4.2%. While that’s a small increase, it’s the first time since June 2024 that expectations have been above 4%.


February 2025

ANZ-Roy Morgan Consumer Confidence rose marginally to 96.6 in February. The proportion of households thinking it’s a good time to buy a major household item, the best retail indicator, lifted 1 point to -15. Inflation expectations were little changed at 4.0%, continuing their stable run.


January 2025

ANZ-Roy Morgan Consumer Confidence fell 4 points to 96.0 in January.  The proportion of households thinking it’s a good time to buy a major household item, the best retail indicator, dropped a sharp 15 points to -16. Inflation expectations were little changed at 3.9%. They have been very stable in recent months.