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Satish Ranchhod: Westpac senior economist on consumer confidence going up in June

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Manage episode 489416552 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

New data shows consumer confidence has gone up - but overall levels show people are feeling more pessimistic than optimistic about the economy.

The Westpac McDermott Miller Consumer Confidence index rose two points in June to 91.2, a modest rise from last quarter's drop.

Westpac senior economist Satish Ranchhod says negative news and the rising cost of living are contributing to an uncertain outlook, but confidence is likely to improve once more mortgages drop.

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9826 episodes

Artwork
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Manage episode 489416552 series 2098282
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

New data shows consumer confidence has gone up - but overall levels show people are feeling more pessimistic than optimistic about the economy.

The Westpac McDermott Miller Consumer Confidence index rose two points in June to 91.2, a modest rise from last quarter's drop.

Westpac senior economist Satish Ranchhod says negative news and the rising cost of living are contributing to an uncertain outlook, but confidence is likely to improve once more mortgages drop.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

9826 episodes

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