The ANZ Business Outlook Index in New Zealand dropped to -16.4 in November 2021 from -13.4 a month earlier, amid coronavirus-related uncertainty, including the implications of the new Omicron variant, as well as intense inflation and cost pressures. Inflation expectations climbed to 4.24% from 3.45% in October, due to the strong CPI data; while cost pressures remained extreme (88.7 vs 87.2). At the same time, ease of credit (-64.9 vs -57.1) and profit expectations (-9.7 vs -6.2) deteriorated, with export intentions being almost steady (9.5 vs 8.6). Meanwhile, both the own activity outlook (15.0 vs 21.7) and capacity utilization (14.1 vs 20.6) moderated. On the other hand, both employment expectations (15.8 vs 10.9) and investment intentions (16.3 vs 13.8) strengthened. source: ANZ Bank New Zealand

Business Confidence in New Zealand averaged 2.92 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 December of 2021.

Business Confidence in New Zealand is expected to be 3.30 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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
New Zealand Business Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-10-27 12:00 AM ANZ Business Confidence Final Oct -13.4 -7.2 -8.6
2021-11-30 12:00 AM ANZ Business Confidence Nov -16.4 -13.4 -7.6
2021-12-17 12:00 AM ANZ Business Confidence Dec -16.4


Related Last Previous Unit Reference
Business Confidence -16.40 -13.40 percent Nov/21

News Stream
New Zealand Business Mood Weakens
The ANZ Business Outlook Index in New Zealand dropped to -16.4 in November 2021 from -13.4 a month earlier, amid coronavirus-related uncertainty, including the implications of the new Omicron variant, as well as intense inflation and cost pressures. Inflation expectations climbed to 4.24% from 3.45% in October, due to the strong CPI data; while cost pressures remained extreme (88.7 vs 87.2). At the same time, ease of credit (-64.9 vs -57.1) and profit expectations (-9.7 vs -6.2) deteriorated, with export intentions being almost steady (9.5 vs 8.6). Meanwhile, both the own activity outlook (15.0 vs 21.7) and capacity utilization (14.1 vs 20.6) moderated. On the other hand, both employment expectations (15.8 vs 10.9) and investment intentions (16.3 vs 13.8) strengthened.
2021-11-30
New Zealand Business Sentiment Falls More than Initially Thought
The ANZ Business Outlook Index in New Zealand was revised sharply lower to -13.4 in October 2021 from a preliminary reading of -8.6. The latest figure followed September's print of -7.2, amid coronavirus-related uncertainty as well as intense inflation and cost pressures. Inflation expectations jumped almost half a percent to 3.45% due to the strong CPI data, cost pressures remained extreme (87.2 vs 84.2 in September), and ease of credit deteriorated (-57.1 vs -50.3). At the same time, employment expectations eased (10.9 vs 14.1), while export intentions were steady (8.6 vs 7.4). Meantime, the own activity outlook held up (21.7 vs 18.2), investment intentions inched higher (13.8 vs 9.2), and profit expectations improved (-6.2 vs -15.6). Also, capacity utilization rose (20.8 vs 16.8).
2021-10-27
New Zealand Business Sentiment Drops
The ANZ Business Outlook Index in New Zealand fell to -8.6 in October 2021 from a final -7.2 in September, amid intense inflation and cost pressures, preliminary data showed. Inflation expectations were still above 3 percent, staying at the top of the RBNZ’s target range; cost pressures remained extreme; and ease of credit weakened. At the same time, employment expectations were little changed. Meanwhile, the own activity outlook remained robust, investment intentions climbed and profit expectations bounced back, with export intentions increasing. Also, capacity utilization rose.
2021-10-13

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.