ANZ data for NZ

Consumer confidence for December: -1.5% m/m to 121.8

  • prior -2.1%

Falling for a 3rd month in a row. ANZ note its still above long run averages even after the fall from a historical high (of 129.9) in September, but ...

  • "A degree of wariness is perhaps starting to creep into the forward-looking responses"

As part of this survey ANZ also ask about inflation expectations over the next two years

  • 3.5 percent (from the previous 3.1%)


ps ... coming up later this week - don't ask me what day .... its complicated (but the post explains it):