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.