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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
New ZealandNew Zealand Westpac Consumer Confidence Change fell to 94.7 in February 2026
FMPMonthlyReleased March 2026
New Zealand Westpac Consumer Confidence Change fell to 94.7 in February 2026, released March 2026, down 1.8 from January's 96.5 reading.
Latest Release
94.700000
Actual
—
Consensus
96.500000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| NZD/USD | ▲ Direct | +0.55 | FOREX | Bullish NZD | → View |
| NZD/JPY | ▲ Direct | +0.45 | FOREX | Bullish NZD | → View |
| AUD/NZD | ▼ Inverse | −0.40 | FOREX | Bearish AUD | → View |
| EUR/NZD | ▼ Inverse | −0.35 | FOREX | Bullish NZD | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Westpac Consumer Confidence Change (New Zealand) was reported at 94.70 in March 2026. The reading fell from the previous value of 96.50. Trailing 12-month context per ETL data through March 2026. This is classified as a medium-impact indicator released on a monthly basis.
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).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Current Account (Jun 16) and GDP Growth Rate QoQ (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
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Westpac Consumer Confidence Change - NZ
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About Westpac Consumer Confidence Change — New Zealand
DEFINITION
The Westpac Consumer Confidence Change is a key financial indicator that measures the level of optimism or pessimism among consumers in Australia regarding their personal finances and the overall state of the economy. It is based on a survey conducted by Westpac, one of Australia's leading banks, and provides valuable insights into consumer spending and economic trends. A positive change in this indicator indicates an increase in consumer confidence, which can lead to higher levels of spending and economic growth, while a negative change may signal a decrease in consumer confidence and potential economic downturn. As such, the Westpac Consumer Confidence Change is closely monitored by investors, businesses, and policymakers as a gauge of consumer sentiment and economic health.
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 (Jan 2026): actual 94.7.
WHAT'S NEXT
This indicator correlates most strongly with NZD/USD (Bullish NZD, r=0.55) — a useful reference for forex-focused traders.