The ANZ Business Confidence Index in New Zealand came in at -37.5 in April 2019, little-changed from -38.0 in a month earlier and compared with market estimates of -42.8. Inflation expectations were almost unchanged (2.04 vs 2.05 in March) and pricing intentions were relatively stable (26.7 vs 27.4). Meantime, cost pressures eased (46.6 vs 55.3), while profit expectations (-13.0 vs -14.4); activity outlook (7.1 vs 6.3); export intentions (1.5 vs 1.0); investment intentions (1.5 vs 0.9); and employment (4.3 vs 0.9) improved. Among sectors, agriculture was the most optimistic, while retail remained the least. Business Confidence in New Zealand averaged 4.80 percent from 1970 until 2019, reaching an all time high of 80.90 percent in February of 1994 and a record low of -76.40 percent in December of 1974.

Business Confidence in New Zealand is expected to be -38.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in New Zealand to stand at -25.00 in 12 months time. In the long-term, the New Zealand Business Confidence is projected to trend around 15.00 percent in 2020, according to our econometric models.

New Zealand Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-18 12:00 AM ANZ Business Confidence -24.1 -37.1 -36
2019-02-28 12:00 AM ANZ Business Confidence -30.9 -24.1 -22
2019-03-28 12:00 AM ANZ Business Confidence -38.0 -30.9 -24.3 -27
2019-04-30 01:00 AM ANZ Business Confidence -37.5 -38.0 -42.8 -40
2019-05-29 01:00 AM ANZ Business Confidence -37.5 -44
2019-06-27 01:00 AM ANZ Business Confidence -38
2019-07-31 01:00 AM ANZ Business Confidence


New Zealand Business Last Previous Highest Lowest Unit
Business Confidence -37.50 -38.00 80.90 -76.40 percent [+]
Manufacturing PMI 53.00 52.00 62.80 36.10 [+]
Industrial Production 0.30 -0.30 17.60 -10.50 percent [+]
Capacity Utilization 92.80 92.80 93.60 86.33 percent [+]
Changes in Inventories 105.00 148.00 769.00 -907.00 NZD Million [+]
Car Registrations 5855.00 5119.00 6933.00 810.00 [+]
Internet Speed 14708.73 12865.57 14708.73 1998.81 KBps [+]
IP Addresses 1778178.00 1690601.00 2110050.00 831298.00 IP [+]
Services Pmi 51.80 52.30 60.90 44.70 [+]
Steel Production 49.92 53.48 89.00 30.94 Thousand Tonnes [+]
Competitiveness Index 77.51 78.09 78.09 4.91 Points [+]
Competitiveness Rank 18.00 16.00 25.00 16.00 [+]
Composite Pmi 51.30 51.70 59.50 40.00 [+]
Ease of Doing Business 1.00 1.00 3.00 1.00 [+]
Corruption Index 87.00 89.00 96.00 87.00 Points [+]
Corruption Rank 2.00 1.00 4.00 1.00 [+]


New Zealand Business Confidence

In New Zealand, the business confidence index is designed to provide a snapshot of business opinions regarding the expected future state of their business and economy overall. The survey covers around 700 respondents. The Net index is calculated by subtracting the percentage number of businesses that expect that the economic situation improves from the number that expect decline. This page provides - New Zealand Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Business Confidence - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-37.50 -38.00 80.90 -76.40 1970 - 2019 percent Monthly




Country Last Previous
Australia 0.00 Apr/19
Brazil 58.40 Apr/19
Canada 55.90 Apr/19
China 50.10 Apr/19
Euro Area 0.42 Apr/19
France 101.00 Apr/19
Germany 99.20 Apr/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 100.60 Apr/19
Japan 12.00 Mar/19
Mexico 53.00 Apr/19
Netherlands 6.70 Apr/19
Russia -2.00 Apr/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Mar/19
South Korea 75.00 Apr/19
Spain -3.80 Apr/19
Switzerland 96.20 Apr/19
Turkey 105.50 Apr/19
United Kingdom -13.00 Jun/19
United States 52.80 Apr/19


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