New Zealand June Consumer Confidence hits its highest since January 2022

<p>ANZ Roy Morgan New Zealand June Consumer Confidence at 85.5</p><ul><li>prior was 79.2</li></ul><p>ANZ point out:</p><ul><li>still a very low
level</li><li>The proportion of people who believe it is a good time to buy a major
household item, a key retail indicator, rose 7 points to -27</li></ul><p>On inflation expectations in the survey:</p><ul><li>dropped sharply from 4.8% to 4.3%</li><li>Consumers
don’t get to set prices but they are half of the wage-negotiation process,
so the RBNZ will be very pleased to see that.</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.