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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
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.

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
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Consumers in a winter funk amid financial pressure: Westpac
Economics,
99596
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