Data out a few minutes. It tends not to move the NZD upon release.
ANZ's Key points
- Consumer confidence fell 2 points in May to 82.3, above its record low of 77.9 in March, but still dire.
- The proportion of people who believe it is a good time to buy a major household item, the best indicator for spending, fell 7 points to -30.
- In welcome news for the RBNZ, inflation expectations fell from 5.6% to 5.1%.
