The ANZ Business Confidence Index in New Zealand lifted marginally to -37.1 in October 2018 from a decade low of -38.3 in a month earlier. Expectations for employment (-0.3 vs -1.3 in September), ease of credit (-31.4 vs -33.2) investment (-3.3 vs -9.2), and pricing (32.2 vs 30.2) improved. In contrast, the activity outlook (7.4 vs 7.8) and exports (14.2 vs 18.6) declined. Among sectors, residential construction weakened sharply (4.5 vs 24.1) and commercial construction deteriorated visibly (-23.8 vs -4.0). Outside of the decline in construction intentions, most indicators were little changed in the October Business Outlook survey. It’s clear that business sentiment is not a tailwind for the economy at present, but we remain optimistic that the boost being provided by a strong labour market, still-high commodity prices, a fiscal boost and now a significantly lower NZD will keep things ticking along,” said Sharon Zollner, ANZ chief economist. Business Confidence in New Zealand averaged 5.49 percent from 1970 until 2018, 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.

New Zealand Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-30 01:00 AM ANZ Business Confidence -50.3 -44.9 -38.1
2018-09-26 01:00 AM ANZ Business Confidence -38.3 -50.3 -57
2018-10-31 12:00 AM ANZ Business Confidence -37.1 -38.3 -40
2018-11-29 12:00 AM ANZ Business Confidence -37.1 -36
2018-12-18 12:00 AM ANZ Business Confidence -34


New Zealand Business Last Previous Highest Lowest Unit
Business Confidence -37.10 -38.30 80.90 -76.40 percent [+]
Manufacturing PMI 51.67 52.02 62.77 36.08 [+]
Industrial Production 2.10 2.30 8.60 -10.20 percent [+]
Capacity Utilization 93.20 93.50 93.60 86.33 percent [+]
Changes in Inventories 136.00 584.00 769.00 -906.00 NZD Million [+]
Car Registrations 5488.00 5785.00 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 53.90 53.30 60.80 44.90 [+]
Steel Production 47.56 53.69 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 53.10 53.80 59.50 40.00 [+]
Ease of Doing Business 1.00 1.00 3.00 1.00 [+]
Corruption Index 89.00 90.00 96.00 88.00 Points [+]
Corruption Rank 1.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-37.10 -38.30 80.90 -76.40 1970 - 2018 percent Monthly




Country Last
Australia 4.00 Oct/18
Brazil 53.70 Oct/18
Canada 61.80 Oct/18
China 50.20 Oct/18
Euro Area 1.01 Oct/18
France 104.00 Oct/18
Germany 102.80 Oct/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.90 Oct/18
Japan 19.00 Sep/18
Mexico 50.70 Oct/18
Netherlands 5.90 Oct/18
Russia -5.00 Oct/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 38.00 Sep/18
South Korea 71.00 Oct/18
Spain -2.50 Oct/18
Switzerland 100.10 Oct/18
Turkey 87.60 Oct/18
United Kingdom -16.00 Dec/18
United States 57.70 Oct/18


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