Capacity Utilization in New Zealand decreased to 92.00 percent in the fourth quarter of 2019 from 92.40 percent in the third quarter of 2019. Capacity Utilization in New Zealand averaged 91.14 percent from 2008 until 2019, reaching an all time high of 93.70 percent in the second quarter of 2019 and a record low of 86.33 percent in the first quarter of 2009. source: New Zealand Institute of Economic Research
Capacity Utilization in New Zealand is expected to be 92.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Capacity Utilization in New Zealand to stand at 93.00 in 12 months time. In the long-term, the New Zealand Capacity Utilization is projected to trend around 93.00 percent in 2020, according to our econometric models.