New Zealand Consumer Confidence Takes a Hit in March 2024
Wednesday, 27 March 2024, 21:14
New Zealand Data Analysis:
From New Zealand comes the ANZ-Roy Morgan Consumer Confidence Index for March 2024, which dropped to 86.4 from the prior 94.5.
The recession in New Zealand is evidently affecting consumer sentiment, with net 24% indicating a negative outlook for major household purchases.
ANZ's commentary highlights a noticeable shift in consumer confidence following the economy's return to recession in the second half of the previous year.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.