New Zealand consumer confidence slips in October as inflation and fuel costs bite
Published . Updated .
New Zealand consumer confidence eased in October as broader inflation continued to run well ahead of income growth, with high fuel prices further weighing on sentiment, ANZ-Roy Morgan data showed on Friday.The consumer confidence index dipped to 96.2 in October from 97.6 in
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+7.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “fuel costs” (oil) in this story.
- XLE Energy Select Sector SPDR+6.2% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “fuel costs” (oil) in this story.
- TIP iShares TIPS Bond ETF-0.5% 30d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story.
- WMT Walmart+11.3% 30d
Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- XOM ExxonMobil Holdings+10.3% 14d
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “fuel costs” (oil) in this story.
- COST Costco Wholesale+9.9% 30d
Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
- CVX Chevron+8.4% 30d
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “fuel costs” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +0.80% | -2.73% | base | after close | after close | after close | after close |
| XLENo price data for this ticker | — | — | — | — | — | — | — |
| TIPNo price data for this ticker | — | — | — | — | — | — | — |
| XRTNo price data for this ticker | — | — | — | — | — | — | — |
| WMTNo price data for this ticker | — | — | — | — | — | — | — |
| XOMNo price data for this ticker | — | — | — | — | — | — | — |
| COST | +0.74% | -0.38% | base | after close | after close | after close | after close |
| CVXNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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New Zealand consumer confidence slips in October as inflation and fuel costs bite TradingView
Source: TradingView
The price since 29 Oct 2026: United States Oil Fund (USO) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Costco Wholesale (COST) | three days earlier | -0.38% | final price |
| Costco Wholesale (COST) | five days earlier | +0.74% | final price |
| United States Oil Fund (USO) | three days earlier | -2.73% | final price |
| United States Oil Fund (USO) | five days earlier | +0.80% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 31 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 34 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Walmart (WMT) (held by a dependent child), worth $15,001 - $50,000 on 11 Sep 2026. That is 48 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 59 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 90 days before publication. Filed 22 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 34 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Richard W. Allen sold Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 18 Sep 2026. That is 41 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a dependent child), worth $1,001 - $15,000 on 11 Sep 2026. That is 48 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 36 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 57 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Chevron (CVX), worth $15,001 - $50,000 on 26 Aug 2026. That is 64 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around United States Oil Fund (USO)
Companies mentioned with this story
- USO United States Oil Fund
In “New Zealand consumer confidence slips in October as inflation and fuel costs bite,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “fuel costs” (oil) in this story
- XLE Select Sector Spdr Tr
In “New Zealand consumer confidence slips in October as inflation and fuel costs bite,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “fuel costs” (oil) in this story
- TIP Ishares Tr
For “New Zealand consumer confidence slips in October as inflation and fuel costs bite,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
- XRT Spdr Series Trust
Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence in the 29 Oct 2026 story “New Zealand consumer confidence slips in October as inflation and fuel costs bite.” Reason on file: SPDR S&P Retail ETF: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story
- WMT Walmart
In “New Zealand consumer confidence slips in October as inflation and fuel costs bite,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- XOM ExxonMobil Holdings
For “New Zealand consumer confidence slips in October as inflation and fuel costs bite,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “fuel costs” (oil) in this story
- COST Costco Wholesale
For “New Zealand consumer confidence slips in October as inflation and fuel costs bite,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- CVX Chevron
For “New Zealand consumer confidence slips in October as inflation and fuel costs bite,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “fuel costs” (oil) in this story
United States Oil Fund (USO)
On 29 Oct 2026, “New Zealand consumer confidence slips in October as inflation and fuel costs bite” is the story that connects United States Oil Fund (USO) to this story.
United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “fuel costs” (oil) in this story
A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: its price follows crude oil. Linked by “fuel costs” (oil) in this story
Dates in the story, and the United States Oil Fund (USO) price range
TIP traded between 103.77 and 105.67 across 20 sessions. The latest close on file is 105.27. USO traded between 141.82 and 169.96 across 20 sessions. The latest close on file is 166.69. XLE traded between 61.05 and 69.86 across 20 sessions. The latest close on file is 68.46.
How strong the case is around United States Oil Fund (USO)
46 out of 100
“New Zealand consumer confidence slips in October as inflation and fuel costs bite” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.