The Westpac-McDermott Miller consumer confidence index in New Zealand jumped to 107.1 in the second quarter of 2021 from 105.2 in the previous quarter. It was the highest reading since the last quarter of 2018, as households feel more optimistic about the economic outlook over the coming year. source: Westpac Banking Corporation, McDermott Miller
Consumer Confidence in New Zealand averaged 110.70 points from 1988 until 2021, reaching an all time high of 130.90 points in the second quarter of 1994 and a record low of 79.10 points in the first quarter of 1991. This page provides the latest reported value for - New Zealand Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. New Zealand Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Consumer Confidence in New Zealand is expected to be 109.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in New Zealand to stand at 103.00 in 12 months time. In the long-term, the New Zealand Consumer Confidence is projected to trend around 105.00 points in 2022, according to our econometric models.