NZ Consumer Confidence Drops From Highest in Over 4 Years

EthereumCraftsman · 2026-02-26T21:25:18+00:00

Consumer confidence in Australia dropped to 100.1 in February 2026, reversing January's rise. Key indicators, including major household purchases and future economic expectations, also declined, signaling growing financial concerns among households.

EthereumCraftsman

2026-02-26 21:25:18

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The ANZ-Roy Morgan Consumer Confidence decreased to 100.1 in February 2026 from 107.2 in January, unwinding January’s sharp rise to over 4-year highs. The share of households seeing it as a good time to purchase a major household item, a key retail indicator, fell 5 points to -4, falling back into negative territory. The future conditions index fell to its November level (106.9 vs 113.5) and the current conditions index dropped to just below its year-end level (90.0 vs 97.7). Assessments of current personal finances also declined (-16% vs -6%), indicating that the recent bump in the road is being felt through experience. A net 20% of respondents see their financial situation to be better a year from now. Expectations for the economy over the next year decreased 7 points to -8%, while the 5-year-ahead outlook fell 4 points to +8%. Lastly, house price inflation expectations eased (3.6% vs 3.7%), while 2-year inflation expectations were little changed (at 4.7%).

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