NZ data

This is a 7 month low for the index, but sentiment remains above its long run average

ANZ's summary:

  • Consumer confidence slipped further in November, but remains above its historical average
  • The current conditions index rose slightly; future conditions fell
  • Consumers appear to be looking through housing headwinds and the recent period of political uncertainty, seemingly happy to go with the flow, but with a cautious eye to the future.

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As part of ANZ's survey ... inflation expectations:

3.1%

  • prior 3.5%

more to come