NZ data - ANZ Consumer Confidence Index (Dec.): -2.1% m/m (prior +3.5%)

ANZ Consumer Confidence Index from New Zealand for December

Down 2.1% MoM to 124.5

  • prior +3.5% to 127.2

ANZ's summary of the release:

  • Consumer sentiment eased in December but the economic signals remain healthy
  • Strong levels of confidence flag a continuation of solid growth across the economy
  • Last month's earthquake doesn't appear to have had a material impact
  • Wellington is the most upbeat region

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The data includes that for Inflation expectations

  • These lifted from 3.3% to 3.4%
  • That's in line with the average seen over the prior 12 months

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