Sentiment tracker - Economic confidence
Tracking New Zealanders’ opinions on a range of issues, the Sentiment Tracker is a nationally representative study.
Tracking New Zealanders’ opinions on a range of issues, the Sentiment Tracker is a nationally representative study.
Consumer confidence is a key indicator of the overall health of the economy. When people feel confident about the stability of their incomes, it influences their spending and saving activities.
New Zealanders are increasingly pessimistic for the New Zealand economy over the next 12 months (32% are pessimistic or very pessimistic compared with 27% in June ‘21) - especially those in Auckland (36%) as well as males (37% cf. 28% of females).
Those approaching or at retirement age (60-69 years) have seen the biggest change since our benchmark in June ‘21. They are significantly more likely to say they are pessimistic about the New Zealand economy over the next 12 months (39% cf. 32%).
There is little change to New Zealanders' perceptions of job security. One in five (18%) are at least moderately concerned about their job security.
While 26% of New Zealanders expect their incomes to increase over the coming year, a significantly higher proportion anticipate a decline in income over the next 12 months (21% cf. 17% in June ‘21).
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If you are interested in purchasing more detailed Consumer sentiment data - including a comprehensive insights report and the data in spreadsheet form - please contact Elisa Lamb, Consumer Trusted Programme Manager - [email protected].