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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Economics
3 mins to read

Consumers resilient as unemployment set to rise

The ANZ-Roy Morgan Consumer Confidence Index rose two points in October, but people are putting off making large purchases.

Economists expect unemployment and wages to lift in September quarter.

Consumers are resilient in the face of higher interest rates and cost-of-living pressures, with unemployment expected to nudge slightly higher next week.

The ANZ-Roy Morgan Consumer Confidence Index, out today, rose two points in October to 88.1, with mixed results across a range of economic

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Jonathan Mitchell Fri, 27 Oct 2023
Contact the Writer: jmitchell@nbr.co.nz
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Consumers resilient as unemployment set to rise
Economics,
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