The Westpac McDermott Miller Consumer Confidence Index reflects individuals' expectations concerning New Zealand's economic activity. The indicator is calculated based on a survey, which covers the following five questions: assessment of changes in households' financial condition over the past year; willingness to purchase durable goods; expected changes in households' financial condition; general short-term and long-term outlook for New Zealand's economy development.
The chart of the entire available history of the "Westpac McDermott Miller New Zealand Consumer Confidence" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
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The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.