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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
New ZealandNew Zealand Westpac Consumer Confidence fell to 80.4 in April 2026
FMPMonthlyReleased June 2026
New Zealand Westpac Consumer Confidence fell to 80.4 in April 2026, released June 2026, down 14.3 from March's 94.7 reading. The reading missed the 92.9 consensus by 12.5. Westpac Consumer Confidence has now declined for 3 consecutive months. Westpac Consumer Confidence is now the lowest in 30 months.
Latest Release
80.4
Actual
92.9
Consensus
94.7
Previous
Median Absolute Error
±4.55
across last 12 releases
Last Call
Jun 2026
Predicted: 92.9
Actual: 80.4
Error: +12.5
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| NZD/USD | ▲ Direct | +0.55 | FOREX | Moves with | → View |
| NZD/JPY | ▲ Direct | +0.45 | FOREX | Moves with | → View |
| AUD/NZD | ▼ Inverse | −0.40 | FOREX | Moves against | → View |
| EUR/NZD | ▼ Inverse | −0.35 | FOREX | Moves against | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Westpac Consumer Confidence (New Zealand) was reported at 80.40 in June 2026. This missed the market consensus of 92.90 by 12.50. The reading fell from the previous value of 94.70. Trailing 12-month context per ETL data through June 2026.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 90.53, up from the prior three at 90.43. In June readings over the past 3 years, Westpac Consumer Confidence has averaged 84.60.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with NZD/USD (Bullish NZD). A secondary relationship exists with NZD/JPY, positively correlated (Bullish NZD). Over the last 12 releases, the Sigmacast model's median absolute error is 4.55.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Employment Change QoQ (Aug 4) and Unemployment Rate (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Westpac Consumer Confidence - NZ
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About Westpac Consumer Confidence — New Zealand
DEFINITION
Westpac Consumer Confidence is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers in Australia regarding their current and future economic situation. This indicator is based on a survey of over 1,200 households and provides valuable insights into consumer spending patterns and overall economic sentiment. It is considered a key indicator of the health of the Australian economy and is closely monitored by investors, businesses, and policymakers. A higher reading indicates increased consumer confidence and is generally seen as a positive sign for economic growth, while a lower reading may signal potential economic downturn.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 80.4, consensus 92.9. Prior reading (Jan 2026): 94.7. Before that (Oct 2025): 96.5.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with NZD/USD (Bullish NZD, r=0.55) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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Economic Calendar - NZ Events
| Sunday, August 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 22:45 | NZ | Building Permits MoM | -4 | -2.3 | -2.30 | Low | |