A monthly measure of consumer confidence in the New Zealand economy

Down on the month but still at a high level

ANZ comments (summary):

  • Consumer sentiment eased in July, but remains at a strong level overall
  • Once we adjusted for seasonality, confidence lifted to the highest level since September 2014
  • Both point to a healthy pace of spending-based activity
  • House price expectations cooled further, especially in Auckland.

More ... Inflation expectations

  • Fell to 3.4%
  • Third consecutive monthly fall