New Zealand consumer confidence weakened to 89.2 in Q1 2025, from 97.5 in Q4 2024

Westpac-McDermott Miller New Zealand consumer confidence index fell to 89.2 in Q1 2025

• from 97.5 in Q4 last year
• global trade war risks and ongoing cost of living pressures cited as impacting
• Westpac said poor results are likely for “a few more months at least”

For this index, a reading below 100
indicates more pessimists than optimists.

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NZD is little changed on the data.

This article was written by Eamonn Sheridan at www.forexlive.com.