Satish Ranchhod: Westpac senior economist on consumer confidence picking up
Update: 2024-09-18
Description
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
See omnystudio.com/listener for privacy information.
Comments
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
In Channel