Consumer confidence was down 1. 8 points to 106. 9 in November, with current and future condition indices falling by similar amounts. Consumer confidence remains below average – its historical average is around 120.
The ANZ-Roy Morgan Consumer Confidence Index fell by 2 points in November. In contrast to companies, consumer confidence remains far below the level of the previous year.
A net 27% of consumers expect to be financially better around this time next year, a decrease of 1.
Net 11% think it is a good time to continue buying an important household item. This is in line with tough times for retailers.
However, the recent strength in retail sales has belied this indicator.
The perception of the economic outlook for the next year rose by 3 points to the still nervous -18%. The five-year outlook fell 7 points to 15%.
Inflation expectations for house prices rose by a further 1. 8% points up to 6. 4%. They increased in every region and are strongest in the North Island except Auckland and Wellington (7). 2%).
CPI inflation expectations rose by 0. 9% points up to 4. 7%. The RBNZ does take into account household expectations, but it’s noteworthy that this is the highest reading since the question was first answered in late 2009 – by far. This could be due to temporary disruptions in delivery that reduce discounts on retail items.
The latest Roy Morgan Consumer Confidence Monthly Bulletin is available from the Roy Morgan Online Store. It provides demographic breakdowns by age, gender, state, region (capitals / country), generations, life cycle, socio-economic measure, work status, occupation, home ownership, voting intent, Roy Morgan value segments, and more.
Consumer confidence increased by 8. 7 points to 108. 7 in October, with the indices rising by similar amounts for the current and future conditions. It remains below average – its historical average is 120 – but it has improved a lot.
Consumer confidence was falling 4. 1 point to 100. 2 in August, well below the historical average of around 120 and around the 2009 average.
Consumer confidence remained basically unchanged at 104. 3 in July, still well below the historical average, but also well below the lows.
Consumer confidence rose almost 8 points to 104 in June. 5, but is still well below the historical average.
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Roy Morgan is the largest independent Australian research company with offices across Australia, as well as in Indonesia, the US and the UK. Roy Morgan is a full-service research organization specializing in omnibus and syndicated data. He has more than 70 years of experience collecting objective, independent information about consumers.
The margin of error to consider in any estimate depends mainly on the number of interviews on which it is based. The margin of error gives an indication of the likely range that there is a 95% probability that the estimates would fall, expressed as the number of percentage points above or below the actual estimate. Design effects (such as layering and weighting) should be considered accordingly.
Consumer Confidence Index, Inflation, Banking Group Australia and New Zealand, Consumers
World News – AU – ANZ-Roy Morgan New Zealand Consumer Confidence Down 1. 8 points to 106. 9 in November
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