ANZ Consumer Confidence Index from New Zealand for January 2024 moves 1.0% higher (prior +0.5%)
A reading above 100 shows optimism, while below that indicates pessimism.
ANZ comments on the inflation expectations question on this survey:
- "Household inflation expectations are well off their highs, but given the volatility, whether they are still trending downward is becoming a matter of conjecture. They are clearly still too high"
NZD/USD tends not to swing around too much in the immediate aftermath of this release. Today is no different, dribbling a few ticks lower:
