NZ consumer sentiment had a bug jump in January, the February move higher not quite so strong
up 0.6% m/m to 127.7
- prior up 4.2% to 126.9
ANZ summary remarks:
- Consumers are feeling good
- The current conditions indexes fell back from its 10-year high, but this was offset by a lift in the future conditions index
- The strong labour market and stabilisation in the housing market are supporting consumer sentiment
More:
Current Conditions Index
- -4 points in February to 127.3
Future Conditions Index
- +4 points to 128.0 ... has largely unwound its post-election dip