Consumer Confidence Drops in May, Five-Year-Ahead Economic Outlook Measure Plummets

New Zealand consumer confidence falls in May

(Reuters) -Consumer confidence in New Zealand fell in May, with stubbornly high inflation expectations holding back purchasers, ANZ-Roy Morgan data showed on Friday. “Household inflation expectations don’t have a tight correlation with actual inflation outcomes,” said ANZ chief economist Sharon Zollner. “But the perception that inflation is going to be so high is likely to contribute to the sense of a cost-of-living crisis, potentially dampening…

Consumer confidence drops in May, five-year-ahead economic outlook measure plummets

Consumer confidence fell five points in May to 92.9 according to the latest ANZ-Roy Morgan survey. Inflation expectations eased slightly likely off the back...

The Consumer Trust Index (CCI) fell in May and returned to a landscape of pessimism in the country, according to AtlasIntel's rise in partnership with Bloomberg published this Saturday (30). The indicator reached -2.7 points per month, a retreat in relation to the result of April (3.7) and below the October 2024 pattern, when it was 4.2. The study revealed that Brazilians are less confident about the present and the future.

New Zealand ANZ – Roy Morgan Consumer Confidence dipped from previous 98.3 to 92.9 in May

New Zealand ANZ – Roy Morgan Consumer Confidence dipped from previous 98.3 to 92.9 in May