Graphs Datatable Background Print Back
June 2016
The Westpac :
McDermott Miller NZ Consumer Confidence Index for June 2016 is 106
WESTPAC : McDERMOTT MILLER
CONSUMER CONFIDENCE SURVEY
20 June
2016
MEDIA RELEASE
”New Zealand consumers remain optimistic, but
uncertainty about the country's economic future is eroding their confidence”, observed Richard Miller,
Managing Director of Strategy and Economics Consultancy McDermott Miller
Limited.
“Metropolian
consumers remain strongly optimistic while rural consumers are now pessimistic and
secondary centre consumers are wavering. Whether metropolitan optimism stems
from buoyancy in the local housing market or confidence in New Zealand's
economy is unclear. Either way consumer spending is likely to slow since only
consumers on incomes above $100,000 are strongly optimistic”, concluded Richard
Miller.
ENDS
20 June
2016
Richard Miller
Managing Director
McDermott Miller Limited
04 471 8500
Richard.miller@mcdermottmiller.co.nz
Index Background
The Consumer Confidence Index is based on a survey of
a representative sample of 1555
Acknowledgement
The Westpac : McDermott Miller Consumer Confidence Survey and Index is
owned by McDermott Miller Limited. Westpac : McDermott Miller should be acknowledged
as the source when citing the Index, just as Westpac-Melbourne Institute should
be acknowledged when citing the Australian Index of Consumer Sentiment. Graphs
supplied may be reproduced by the news media provided the Westpac : McDermott
Miller logo remains inset.