New Zealand - Consumer Confidence

New Zealand: Consumer Confidence

Mnemonic CIC.INZL
Unit Index, NSA
Adjustments Not Seasonally Adjusted
Quarterly 11.46 %
Data 2020 Q4 106
2020 Q3 95.1

Series Information

Source Westpac New Zealand Limited McDermott Miller
Release Consumer Confidence Survey
Frequency Quarterly
Start Date 6/30/1988
End Date 12/31/2020

New Zealand: Consumer

Reference Last Previous Units Frequency
Consumer Confidence 2020 Q4 106 95.1 Index, NSA Quarterly
Personal Income 2020 Q3 174.08 173.35 Index 2005=100, SA Quarterly
Retail Sales 2020 Q3 26,573 20,723 Mil. NZD, SA Quarterly

Release Information

The Westpac McDermott Miller Consumer Confidence Index is a quarterly balance of opinion (+/- 100) based on a survey of consumers in New Zealand.  It is published late in the last month of each quarter (i.e., March, June, September and December).

An index number over 100 indicates optimists outnumber pessimists, while a value under 100 denotes the reverse.  The margin of error in the survey is 2.5% at a 95% confidence interval.

Moody's Analytics republishes only the headline consumer confidence index.  The full report includes present and future conditions indices, regional indices (11), and the balance of response to the five component survey questions.  Responses by gender and age are summarized but not tabulated.

The index is compiled by Westpac, a financial company incorporated in Australia and founded as the Bank of New South Wales in 1861.

These consumer confidence indices are not subject to revision.