The ANZ Business Outlook Index in New Zealand fell to -3.8 in July 2021 from -0.6 in June, amid intense inflation pressures, freight disruptions, and persistent COVID-19 risks. Cost expectations rose further (88.2 vs 86.2 in June) while inflation expectations hit their highest since early 2012 (2.7 vs 2.41). At the same time, the own activity outlook eased but remained at a robust level (26.3 vs 31.6), amid moderation in export intentions (7.6 vs 13.4), investment intentions (17.4 vs 25.5), and capacity utilization (19.2 vs 23.9). Meantime, both profit expectations (0.0 vs 5.8) and ease of credit expectations (-51.0 vs -40.2) deteriorated. Still, employment expectations were slightly higher (21.4 vs 19.7). source: ANZ Bank New Zealand

Business Confidence in New Zealand averaged 3.06 percent from 1970 until 2021, 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. This page provides - New Zealand Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. New Zealand Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Business Confidence in New Zealand is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Business Confidence is projected to trend around 7.00 percent in 2022, according to our econometric models.

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New Zealand Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-3.80 -0.60 80.90 -76.40 1970 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-05-31 01:00 AM ANZ Business Confidence Final May 1.8 -2.0 7.0
2021-06-09 01:00 AM ANZ Business Confidence Prel Jun -0.4 1.8
2021-06-30 01:00 AM ANZ Business Confidence Final Jun -0.6 1.8 -0.4
2021-07-29 01:00 AM ANZ Business Confidence Jul -3.8 -0.6 1.2
2021-08-31 01:00 AM ANZ Business Confidence Aug -3.8
2021-09-30 12:00 AM ANZ Business Confidence Sep
2021-10-27 12:00 AM ANZ Business Confidence Oct
2021-11-30 12:00 AM ANZ Business Confidence Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
New Zealand Business Sentiment Weakens
The ANZ Business Outlook Index in New Zealand fell to -3.8 in July 2021 from -0.6 in June, amid intense inflation pressures, freight disruptions, and persistent COVID-19 risks. Cost expectations rose further (88.2 vs 86.2 in June) while inflation expectations hit their highest since early 2012 (2.7 vs 2.41). At the same time, the own activity outlook eased but remained at a robust level (26.3 vs 31.6), amid moderation in export intentions (7.6 vs 13.4), investment intentions (17.4 vs 25.5), and capacity utilization (19.2 vs 23.9). Meantime, both profit expectations (0.0 vs 5.8) and ease of credit expectations (-51.0 vs -40.2) deteriorated. Still, employment expectations were slightly higher (21.4 vs 19.7).
2021-07-29
New Zealand Business Sentiment Weakens in June
The ANZ Business Outlook Index in New Zealand was at -0.6 in June 2021, compared with a preliminary reading of -0.4 and a final 1.8 a month earlier, amid intense inflation pressures, rising commodity prices, and labor shortage, with both cost expectations (86.2 vs 81.3 in April) and inflation expectations (2.41 vs 2.22) accelerating. Meantime, activity indicators were mixed, with employment intentions easing (19.7 vs 20.5); while investment intentions (25.5 vs 18.9), export intentions (13.4 vs 12.2), and capacity utilization (23.9 vs 20.1) all rising. At the same time, the own activity outlook went up (31.6 vs 27.1).
2021-06-30
New Zealand Business Morale Weakens Again
The ANZ Business Outlook Index in New Zealand was at -0.4 in June 2021, down 2 points from a final 1.8 a month earlier, amid intense cost and inflation pressures as well as shipping disruptions, rising commodity prices, and labor shortage, a preliminary reading showed. Both cost expectations (85.6 vs 81.3 in April) and inflation expectations (2.33 vs 2.22) accelerated. Meantime, activity indicators were mixed, with employment intentions easing (19.6 vs 20.5), while investment intentions (25.3 vs 18.9), export intentions (13.9 vs 12.2), and capacity utilization (23.9 vs 20.1) all rising. At the same time, the own activity outlook went up (29.1 vs 27.1).
2021-06-09
New Zealand Business Morale Climbs in May
The ANZ Business Outlook Index in New Zealand jumped 9 points to 7 in May 2021, from a final -2 in April, a preliminary reading showed. This was the first positive reading in three months, as the economy tried to grow faster, amid shortages of both goods and labor. The own activity outlook rose 10 points to 32.3, while exports investment and employment intentions, capacity utilization, and profit expectations all rose between 4 and 10 points. At the same time, cost and inflation pressures continued to intensify and broaden. Expected costs rose 4 points to a net 80 percent of firms expecting higher costs ahead. A net 58 percent of respondents intend to raise their prices, a 2 point lift to a fresh record high, in data that goes back to 1992. Inflation expectations rose to 2.2 percent from 2.0 percent.
2021-05-06

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.