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

Households sour on high living costs and economy, survey suggests

Rising interest rates, inflation, as well as living cost rises all weighing on households, according to latest Westpac survey.

Cost pressures expected to get more intense for households this year.

Households remain in a funk about the high cost of living, rising interest rates and falling house values, according to the latest mood gauge.

The Westpac McDermott Miller Consumer Confidence Index rose 2.1 points to 77.7 in March.

Despite some uplift, it followed a fall to record lows in the

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Jonathan Mitchell Wed, 22 Mar 2023
Contact the Writer: jmitchell@nbr.co.nz
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Households sour on high living costs and economy, survey suggests
Economics,
98305
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