Westpac McDermott Miller Consumer Confidence Index
Data
Sentiment
- Source
- Westpac
- Source Link
- https://www.westpaciq.com.au/
- Frequency
- Quarterly
- Next Release(s)
- September 17th, 2025 4:00 PM
Latest Updates
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The Westpac McDermott Miller Consumer Confidence index rose two points in June, taking it to a level of 91.2. Consumer confidence remains a fair bit below average levels.
- It’s been a bumpy and uncertain few months. And against that backdrop, New Zealand households have remained nervous about the economic outlook.
- The Westpac McDermott Miller Consumer Confidence index rose two points in June, taking it to a level of 91.2. That’s a fairly modest rise after the sharp fall we saw last quarter, and leaves consumer confidence a fair bit below average levels (Note: A level below 100 indicates that there are more households who are pessimistic about the outlook than those who are optimistic).
- That continued softness in economic confidence comes against a backdrop of mixed economic conditions. While domestic economic growth is now turning higher, for now activity remains uneven across regions and industries. At the same time, a number of major geopolitical events continue to cast shadows over the outlook.