ZB ZB
Opinion
Listen live
Listen to NAME OF STATION
Listen live on
ZB

Consumer confidence picks up, economic worries continue

Author
Newstalk ZB,
Publish Date
Wed, 18 Sep 2024, 7:27pm
Photo / Getty Images
Photo / Getty Images

Consumer confidence picks up, economic worries continue

Author
Newstalk ZB,
Publish Date
Wed, 18 Sep 2024, 7:27pm

Consumer confidence has picked up in recent months - but there's still concerns about the future from some.

The Westpac McDermott Miller Consumer Confidence survey for the September quarter rose 9 points to 90.8 points.

Westpac senior economist says households will be in a better mood as interest rates come down for 2025 - but it'll take a while before Kiwis see the increase in their back pockets.

"I think they're going to start to feel a bit more optimistic going into 2025 - some of those headwinds have been pretty tough for the last few years and there's a big relief coming through."

LISTEN ABOVE

Take your Radio, Podcasts and Music with you