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Economics
3 mins to read

Consumers in a winter funk amid financial pressure: Westpac

The Westpac McDermott Miller Consumer Confidence Index rose 5.4 points in June, although is still well below average.

Winter gloom could continue this year for consumers.

Jonathan Mitchell Tue, 20 Jun 2023

Consumer confidence remains at low levels amid cost-of-living pressures, according to the latest survey out this morning.

The Westpac McDermott Miller Consumer Confidence Index rose 5.4 points in June, to 83.1, still well below average, and signals the pessimists continue to outweigh the

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Jonathan Mitchell Tue, 20 Jun 2023
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
RBNZ OCR Economy recession Westpac Satish Ranchhod
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Consumers in a winter funk amid financial pressure: Westpac
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