New Zealand ANZ Roy Morgan Consumer Confidence index from May 2023 comes in at 79.2
April was 79.3
a reading above 100 shows optimism, while below that indicates pessimism
ANZ comments:
“While the labour market remains tight, conferring both a high degree of job security and strong wage growth, ongoing cost of living increases, including higher mortgage rates for the 38% of households who have a mortgage, continue to bite,”
Prior 98Manufacturing confidence 99Prior 99Services confidence 100Prior 100Employment conditions declined further from 103 in October to 101 in November...