A quick preview of the New Zealand Q2 Westpac McDermott Miller consumer confidence data due at 2200GMT
- Q1 was 111.2
- there is no survey of expected
Via Westpac:
- Households perked up at the start of 2018. The Westpac McDermott Miller Consumer Confidence Index rose 3.8 points in March, taking it to a level of 111.2. That reversed most of the drop seen in the wake of last year's election and took consumer confidence back to around average levels.
- The June survey will provide an update on how consumer confidence has fared in the face of changing conditions in the economy, including the slowdown in the housing market.
Via NAB:
- Westpac McDermott Miller consumer confidence report … will reflect the net of a lot of push and pull factors on consumers of late, and will be compared to its average-looking level of 111.2 back in December/Q4.
