Inflation expectations rise, as consumers cautious about economy
Plus, Stats NZ data shows building consents fell 25% last year, while unemployment expected to nudge higher.
Consumers spent sensibly over the festive season, amid higher interest rates and inflation.
Consumers remain wary of the economic outlook, while expecting inflation to nudge higher in the months ahead.
The ANZ-Roy Morgan Consumer Confidence Index rose one point in January to 93.6, still at subdued levels.
Perceptions of current conditions jumped, but confidence about the future fell.
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