A new survey of New Zealand consumers highlights the risk that the Government missed the mark in some areas of Budget spending, says EY's David Snell.

Released today, the EY Sweeney Consumer Outlook survey polled more than 1000 New Zealanders on the issues causing them most concern in the economy.

The survey, conducted in March, found the increasing cost of living dominated concerns. Rising power costs were the most specific issue.

The increasing cost of living was rated as the most concerning issue; 57 per cent of respondents rated it as extremely concerning.

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Increasing energy prices and the cost of