New Zealand's Performance Services Index for February came in at 53.0, surpassing the previous reading of 52.2. The NZIER forecasts weak growth for the year ending March 2025, with the economy expected to grow by 0.5% in 2023-2024 and 0.8% in 2024-2025. Additionally, the Westpac Consumer Confidence for Q1 was reported at 93.2, higher than the previous figure of 88.9.
🔴 NZ CONSUMER CONFIDENCE AT 93.2 IN Q1 FROM 88.9 IN PREVIOUS QUARTER - WESTPAC MCDERMOTT MILLER SURVEY
🔴 NZ CONSUMER CONFIDENCE AT 93.2 IN Q1 FROM 88.9 IN PREVIOUS QAURTER - WESTPAC MCDERMOTT MILLER SURVEY
New Zealand Westpac Consumer Confidence Q1: 93.2 (prev 88.9)
NEW ZEALAND (1Q) WESTPAC CONSUMER CONFIDENCE ACTUAL: 93.2 VS 88.9 PREVIOUS
🇳🇿 New Zealand Milk Auctions $USD Actual: 3,497.0 Previous: 3,630.0
🇳🇿 New Zealand RBNZ Offshore Holdings (Feb) $NZD Actual: 58.70% Previous: 57.70%
NZIER Consensus Forecasts Show Weak Growth For The Year Ending March 2025 https://t.co/NPsN4hANl4
NZIER: New Zealand Economy Seen Growing 0.5% In 2023-2024, 0.8% Seen In 2024-2025 - Quarterly Consensus Survey
NEW ZEALAND (FEB) PERFORMANCE SERVICES INDEX ACTUAL: 53.0 VS 52.2 PREVIOUS
New Zealand Performance Services Index Feb: 53.0 (prev R 52.2)
🔴 NEW ZEALAND PSI SA ACTUAL 53 (FORECAST -, PREVIOUS 52.1) $MACRO