New Zealand Consumer Confidence at 5-Month High

2025-11-27 21:10 By Felipe Alarcon 1 min. read

The ANZ-Roy Morgan Consumer Confidence Index CCI rose to 98.4 in November 2025, up from October’s 92.4 to the highest since June.

The current conditions index was little changed at 86.0, while future conditions strengthened to 106.8 from 97.0 in October.

Household perceptions of personal finances slipped four points to minus 19 percent, while a net 21 percent of respondents expect to be better off this time next year, up 12 points from the prior month.

Views on the broader economy were mixed with the five year outlook rising five points to plus nine percent and the 12 month outlook improving 13 points to minus nine percent.

House price expectations rose from 3.1 percent to 3.8 percent.

Two year ahead CPI inflation expectations lifted from 5.1 percent to 5.2 percent.

The latest CCI also showed a small decline in the share, reporting they feel worse off than a year ago while lower interest rates are beginning to support the growth outlook.



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