New Zealand consumer confidence index reached 103 – the highest score in nine years (since Q3 2007 where it reached 115), according to findings from Nielsen, a leading global provider of information and insights into what consumers watch and buy. The index represents a two point increase from Q3...
The New Zealand consumer confidence index reached 101 in Q3 2016 – the highest score since Q1 2015. In the latest online survey, the three key drivers of New Zealand’s confidence all increased from the previous quarter.
Over the last 10 years New Zealand has consistently scored confidence indices between 90 and 100, following the global financial crisis. Over a third of New Zealanders (35%) believe the country is in an economic recession.
New Zealand consumer confidence remained stable in the first quarter at an index of 99, just below the optimism baseline score of 100. In Australia, confidence declined seven points to 89, as all three consumer confidence indicators declined in the first quarter of 2016.